Beige Book: Little to no change in economic activity since September

According to Federal Reserve’s Beige Book, “most Districts indicated little to no change in economic activity since the September report.” The report noted that “the near-term outlook for the economy was generally described as stable or having slightly weaker growth.”

Market reaction

The US Dollar Index remained steady after the Federal Reserve's Beige Book release, hovering around 106.40, up 0.20% for the day. EUR/USD held slightly below 1.0550. 

Developing story