Dollar Index Update on 14 August 2017

US PRE MARKET

The US Dollar Index are trading at 93.35 for up with +0.28% percent or +0.26 point. The cac 40 index are trading at 5,108.46 for up with  +0.94% percent or +47.55 point . The DAX Index are trading at 12,157.04 for up with  +1.19% percent or +142.98 point. The EURO Stoxx 50 Index are trading at 3,445.21 for up with  +1.14% percent or +38.87 point.

TODAY’S FACTORS AND EVENTS

The dollar edged lower against a trade-weighted basket of currencies on Monday after posting its biggest weekly drop in three weeks as expectations of U.S. rate increases dwindled further after weak inflation data.

With Japanese second-quarter growth expanding 1 percent quarter-on-quarter, fueled by rising consumption and capital expenditure, investors stepped in to buy risky assets after tensions over North Korea.

Renewed risk appetite also encouraged investors to borrow in relatively weak currencies such as the dollar and the franc and invest in the euro which is the best performing currency in the G10 FX universe.

PREVIOUS DAY ACTIVITY

U.S. market index were higher on Friday. For the day the Dow Jones Industrial Average closed at 21,858.32 for up with  +0.07% percent or +14.31 point. The S&P 500 closed at 2,441.32 for up with +0.13% percent or  +3.11 point. The Nasdaq Composite closed at 6,256.56 for up with + 0.64% percent or +39.68 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,374.23 for up with   +1.69 percent or +0.12% point; the S&P 600 Small-Cap Index closed at 831.01 with a loss of –0.04% percent or –0.32 point; the S&P 400 Mid-Cap Index closed at 1,711.05 for up with  +0.19% percent or +3.22 point; the S&P 100 Index closed at 1,081.80 for up with  +0.18% percent or  +1.91 point; the Russell 3000 Index closed at 1,441.34 for up with  +0.15% percent or  +2.18 point; the Russell 1000 Index closed at 1,351.33 for up with   +0.15% percent or  +2.07 point; and the Dow Jones U.S. Select Dividend Index closed at 21,858.32 for up with   +0.07% percent or +14.31 point.

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