UK Construction PMI

The U.S. Dollar Index pushed higher as traders weighed a stronger than expected Initial Jobless Claims reading and a sharp oil rally tied to rising Middle East tensions. EUR/USD weakened after soft Euro Area Retail Sales, while USD/JPY climbed as Treasury yields rose.

The U.S. Dollar Index moved higher after ISM Services PMI showed continued expansion, keeping traders focused on resistance levels above 101.15. EUR/USD softened on weaker Euro Area Retail Sales, while USD/JPY climbed back above 162.00 as rate-difference expectations continued to weigh on the yen.