Dollar Index Update on 14 July 2017

US PRE MARKET

The US Dollar Index are trading at 95.67  with a loss of -0.09% percent or -0.10 point . The cac 40 index are trading at 5,243.01 for up with +0.15% percent or +7.61 point . The DAX Index are trading at 12,643.48 for up with +0.02% percent or +0.02% point. The EURO Stoxx 50 Index are trading at 3,529.54 for up with +0.04% percent or +1.30 point.

TODAY’S FACTORS AND EVENTS

The dollar trod water against a group of peers early on Friday, as currency investors remained cautious ahead of U.S. inflation data due later in the session, which is expected to set the greenback’s near-term direction.

The U.S. currency’s recent advance, notably against the yen, has stalled towards the end of this week as Federal Reserve Chair Janet Yellen curbed some of the monetary tightening expectations that had supported the greenback.

Signs of a pickup in U.S. inflation could reinforce views that the Fed would hike interest rates again sooner rather than later, which would lift Treasury yields and the dollar.

 However, the core consumer price index (CPI) is forecast to have risen only 1.7 percent year-on-year in June after a similar gain in May. On a month-on-month basis, the core CPI is expected to rise 0.2 percent after a 0.1 percent gain the previous month.
PREVIOUS DAY ACTIVITY

U.S. market indexes were higher on Thursday. For the day the Dow Jones Industrial Average closed at 21,553.09 for up with +0.10% percent or +20.95 point. The S&P 500 closed at 2,447.83 for up with +0.19% percent or +4.58 point. The Nasdaq Composite closed at 6,274.44 for up with +0.21% percent or +13.27 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,425.67 for up with +0.09% percent or +1.34 point; the S&P 600 Small-Cap Index closed at 860.35 for up with +0.28% percent or +2.41 point; the S&P 400 Mid-Cap Index closed at 1,759.38 for up with +0.12% percent or +2.04 point; the S&P 100 Index closed at 1,078.41 for up with +0.23% percent or +2.44 point; the Russell 3000 Index closed at 1,450.36 for up with +0.18% percent or +2.55 point; the Russell 1000 Index closed at 1,356.41 for up with +0.18% percent or +2.48 point; and the Dow Jones U.S. Select Dividend Index closed at 21,553.09 for up with +0.10% percent or +20.95 point.

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