(Reuters) - The euro crept lower after the Ifo economic research institute said that its business climate index in the euro zone's largest economy was unchanged in May from the previous month, in contrast to forecasts for a modest rise.
The dollar held steady in early New York trade after a report showed U.S. durable goods orders -- a leading indicator of capital spending -- rose by less than expected in April, but the previous month's reading was revised up sharply.
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The dollar held steady in early New York trade after a report showed U.S. durable goods orders -- a leading indicator of capital spending -- rose by less than expected in April, but the previous month's reading was revised up sharply.
Read more at Reuters.com Hot Stocks News
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