Investing.com - The National Federation of Independent Business index of small business optimism fell unexpectedly in January, one month after hitting the highest level in more than eight years, official data showed on Tuesday.
In a report, National Federation of Independent Business said that NFIB Small Business Optimism decreased to 97.9 last month from 100.4 in December. Analysts had expected the index to inch up to 101.3 in January.
EUR/USD was trading at 1.1306 from around 1.1297 ahead of the release of the data, while GBP/USD was at 1.5228 from 1.5226 earlier, while USD/JPY was at 119.46 from 119.43 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 94.85, compared to 94.86 ahead of the report.
Meanwhile, U.S. stock futures pointed to a higher open. The Dow futures pointed to a gain of 0.55% at the open, the S&P 500 futures rose 0.6%, while the Nasdaq 100 futures tacked on 0.55%.