FXstreet.com (Córdoba) - Dollar fell to fresh 14-month low against the Euro after the release of the Beige Book. EUR/USD rose to 1.5046 but did not rally further. The rally of the Pound eased in the last hours but remains near one month highs at 1.6630. Against the Yen, Dollar fell below 91.00 finding support at 90.85.
The Beige Book showed that the economy in the U.S. is stabilizing further with modest improvements. The FED affirmed Reports of gains in economic activity generally outnumber declines, but virtually every reference to improvement was qualified as either small or scattered.