UoM Consumer Sentiment survey steadies as expected

The University of Michigan's final reading for the consumer sentiment survey came at 98.8 in May, same as the preliminary and the April reading and in line with forecasts. 

As of 02:03 GMT, the dollar index rose 0.49% to 94.24 from the opening of 93.77, with an intraday low at 93.75. 

The economic conditions gauge in the same survey fell in May to 11.8 from 114.9 in April, while economic outlook rose to 89.1 from 88.4. 

One-year inflation outlook rose to 2.8% from 2.7%, while five-year inflation outlook steadied at 2.5%.