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Dollar slides on housing data, political turmoil; stocks flat

Reuters  |  NEW YORK 

By Rodrigo CamposNEW YORK (Reuters) - The U.S. dollar index touched its lowest since early November on Tuesday, hurt by weaker than expected U.S. housing data and concerns after political turmoil once more hit Washington.A rally in the euro was reinforced by dollar losses, prompted by allegations that U.S. President Donald Trump disclosed highly classified information to Russia's foreign minister about a planned Islamic State operation.The story about Trump and Russia "probably is playing out as a weaker dollar on the view that Trump may not be around long enough to deliver his tax reform, ...

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First Published: Tue, May 16 2017. 22:02 IST
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