Forexlive Americas FX news wrap: Slightly weaker US data/Report of ECB taper influences currencies

Forex news for trading on May 12, 2017.
In other markets today:
– Spot gold is trading  up $3.25 to $1228.34
– WTI Crude oil is trading at $47.86, up $0.02.
ame in at 0.4% (est 0.6%) vs 0.1% in March (revised higher from -0.2%). The Ex Auto and Gas and control group figures were also weaker than expectations at +0.3% (vs +0.4%) and +0.2% (vs +0.4% est).  Although weaker than expectations, they were step in the positive direction.  

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