The dollar lost a bit of steam against major currencies after the Philadelphia Federal Reserve reported that business conditions worsened in the region in May. The dollar index (DXY 81.16, +0.18, +0.22%) , which measures the greenback against six major currencies, stood at 81.205, compared with 81.326 ahead of the report. Manufacturers in the Philadelphia region said business worsened again in May for the eighth straight month, but the decline was slower than at any time since September.
