The U.S. dollar trimmed a little of its losses late Wednesday after the Federal Reserve's Beige Book cited a slowing economy and limited inflation pressure. Most of the damage to the Dollar was done earlier in the session, however, following a strong Portugal Bond sale and amid better news out of Canada and the U.K. Greater demand for riskier assets as evidenced by the strong rise in U.S. equities also contributed to the bearish tone affecting the Greenback

Ahead of the release of this afternoon’s Federal Reserve Beige Book, the U.S. Dollar is trading weaker against most major currencies. This report shouldn’t be a market mover, but traders should read it to gain a little more knowledge into what the Fed looked at when it made its recent Federal Open Market Committee decisions.

The U.S. Dollar is giving back some of Tuesday’s gains overnight but investors remain jittery over European bank concerns.

The USD JPY traded sharply higher Friday morning, but the strong gains faded after a report showed the U.S. Services Sector slowed during August.

This morning’s better than expected U.S. Non-Farm Payrolls data has put risk back on the table.