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US markets advancing on better consumer confidence

FXstreet.com (Barcelona) - The better-than-expected US consumer confidence for the month of May is bolstering today’s advance in the American equities, as optimism is growing bigger amongst traders. The greenback, in terms of the US Dollar Index, is advancing as well, retaking the key mark at 84.00 and following the upbeat tone in the markets.
DowJones is up 0.77% seconded by the S&P500 and the Nasdaq, up 0.69% and 0.84%, respectively.

Bourses in Euroland also closed in a ‘sea of green’ after strong US data boosted the indices. The IBEX35 was the best performer, advancing 1.77%, followed by the FTSE100, 1.62% and the CAC40, 1.39%.
The single currency is navigating the lower end of the intraday range, dragged lower after the US data propelled the greenback across the board.

In the commodities’ front, the barrel of WTI is gaining 1.14% at $95.31 while the ounce troy of the precious metals is trading on the back foot, retreating 0.83% at $1,381.

US Dollar Index retreats from highs

The greenback, measured by the US Dollar Index, is easing some ground on Tuesday after hitting fresh highs in the vicinity of 84.30....
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