Investing.com - The National Federation of Independent Business index of small business optimism rose to the highest level in more than eight years in December, underlining optimism over the health of the economy, official data showed on Tuesday.
In a report, National Federation of Independent Business said that NFIB Small Business Optimism increased to 100.4 last month from 98.1 in December. Analysts had expected the index to ease down to 97.9 in December.
EUR/USD was trading at 1.1770 from around 1.1773 ahead of the release of the data, while GBP/USD was at 1.5157 from 1.5155 earlier, while USD/JPY was at 118.47 from 118.46 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 92.53, compared to 92.54 ahead of the report.
Meanwhile, U.S. stock futures pointed to a higher open. The Dow futures pointed to a gain of 0.6% at the open, the S&P 500 futures rose 0.5%, while the Nasdaq 100 futures tacked on 0.65%.