* U.S. consumer confidence rises to highest since November
* Euro holds above 2-year lows after EU elections
* Yen steady as Trump talks trade in Tokyo
* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh
(New throughout, updates prices, market action; new byline,
changes dateline, previous LONDON)
By Richard Leong
NEW YORK, May 28 (Reuters) - The dollar stayed firm against
a basket of currencies on Tuesday, supported by trade and
political worries and a strong rise in U.S. consumer confidence,
even as longer-dated U.S. bond yields dropped to 19-month lows.
The euro rebounded from session lows as investors were
relieve that pro-Europe parties won a majority of European
parliamentary seats.
Currency trading remained light even as U.S. and U.K.-based
traders returned from holidays.
"This is the first full day for the markets after holidays
in both U.K. and U.S. yesterday and the economic calendar is
nearly barren today adding to the lackluster tone in the trade,"
said Boris Schlossberg, managing director of FX strategy at BK
Asset Management in New York.
At 9:35 a.m. (1335 GMT), an index that tracks the greenback
against the euro, yen, sterling and three other currencies
=USD was 0.082% higher at 97.815.
The dollar strengthened after the Conference Board said its
gauge on U.S. consumer confidence rose to 134.1 in May, the
strongest since November. Analysts had forecast a reading of
130.00. Earlier, benchmark 10-year Treasury yields US10YT=RR fell
to 2.273% after U.S. President Donald Trump signaled the United
States and China were far from a trade deal. It was the lowest
10-year yield since October 2017. Investors have been loading up
on safe-haven U.S. government debt due to trade worries and
political uncertainty. Italian Deputy Prime Minister Matteo Salvini, whose
far-right League triumphed in European elections on Sunday, said
the European Commission could fine Italy 3 billion euros for
breaking EU debt and deficit rules, a comment that weighed on
the single currency. The euro has recovered, holding steady at $1.1187 EUR=EBS
and 122.57 yen EURJPY=EBS .
The euro hit a near 23-month low of $1.11055 last week.
European leaders now meet in Brussels to begin the process
of filling a number of top EU posts, from the head of the
European Commission to the European Central Bank.
The yen JPY=EBS was little changed at 109.57 per dollar as
U.S. President Donald Trump said on Monday he expected Japan and
the United States to announce a trade agreement "probably in
August."
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Currency bid prices at 10:23AM (1423 GMT)
Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid
Previous Change
Session
Euro/Dollar EUR= $1.1185 $1.1196 -0.10% -2.47% +1.1202 +1.1176
Dollar/Yen JPY= 109.5500 109.5000 +0.05% -0.64% +109.6200 +109.2200
Euro/Yen EURJPY= 122.54 122.57 -0.02% -2.92% +122.7000 +122.2100
Dollar/Swiss CHF= 1.0075 1.0037 +0.38% +2.65% +1.0078 +1.0035
Sterling/Dollar GBP= 1.2665 1.2677 -0.09% -0.72% +1.2701 +1.2655
Dollar/Canadian CAD= 1.3472 1.3441 +0.23% -1.21% +1.3478 +1.3433
Australian/Doll AUD= 0.6929 0.6917 +0.17% -1.70% +0.6933 +0.6917
ar
Euro/Swiss EURCHF= 1.1269 1.1232 +0.33% +0.13% +1.1274 +1.1225
Euro/Sterling EURGBP= 0.8830 0.8830 +0.00% -1.73% +0.8841 +0.8806
NZ NZD= 0.6546 0.6543 +0.05% -2.55% +0.6558 +0.6544
Dollar/Dollar
Dollar/Norway NOK= 8.6851 8.7040 -0.22% +0.54% +8.7125 +8.6755
Euro/Norway EURNOK= 9.7173 9.7477 -0.31% -1.90% +9.7530 +9.7117
Dollar/Sweden SEK= 9.5535 9.5792 -0.35% +6.58% +9.5876 +9.5398
Euro/Sweden EURSEK= 10.6888 10.7260 -0.35% +4.14% +10.7305 +10.6740
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Euro vs U.S. dollar https://tmsnrt.rs/2Wfu7tv
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