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Housing data, political turmoil hit dollar; 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 again hit Washington.A rally in the euro was reinforced by dollar losses, prompted by allegations that U.S. President Donald Trump disclosed highly sensitive intelligence information to senior Russian officials at a meeting last week.The disclosure adds to concern over the administration's chances of passing legislation, including a tax reform, that has partly been priced in by financial ...

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First Published: Wed, May 17 2017. 01:21 IST