Dollar trades in tight ranges ahead of Beige Book
NEW YORK (AP) — The dollar is trading in tight ranges against other major currencies.
Traders are looking ahead to a report from the Federal Reserve, known as the Beige Book, that reports on economic conditions around the country. The report is due later Wednesday afternoon.
The euro rose to $1.2888 in afternoon trading from $1.2880 late Tuesday. The British pound slipped to $1.6003 from $1.6004.
The dollar rose to 78.24 Japanese yen from 78.22 yen.
The dollar fell to 0.9389 Swiss franc from 0.9404 Swiss franc.