Forex news for trading on May 17th 2017.
In other markets today:
– S&P index rose by 8.69 points or 0.37%. Nasdaq rose by 43.89 points or 0.73%. Dow rose by 56.09 points or +0.27%
The USD rebounded in trading today after the sharp fall yesterday. The greenback was supported by better data: US initial for jobless claims fell to 232K vs estimate of 240K. The Philadelphia Fed business outlook index for May came much higher at 38.8 versus 18.5 estimate. The Leading index for April rose by 0.3% but was a touch lower than expectations of 0.4%.
Forexlive Americas FX news wrap: Dollar rebounds after yesterday’s tumble.
