The dollar is ticking up ahead of the Beige Book

The dollar is ticking up ahead of the Beige Book. The US dollar index was higher by 0.3% at 93.71 at 8:29 a.m. ET. "We note the dollar is starting to look rich to our short-term cyclical models and we do not see much room for a sustainable bounce near-term," Mark McCormick, North American head of FX strategy at TD Securities, said in emailed commentary. "The major currencies are stuck in a tug-of-war between dollar on/dollar-off, with focus centered on the Fed's Game of Thrones...