Dollar Index Update on 04 September 2017

US PRE MARKET

The US Dollar Index are trading at 92.51 with a loss of -0.33% percent or -0.31 point. The cac 40 index are trading at 5,111.41 with a loss of –0.23% percent or –11.85 point . The DAX Index are trading at 12,103.33 with a loss of –0.32% percent or –39.31 point. The EURO Stoxx 50 Index are trading at 3,434.38 with a loss of –0.28% percent or –9.50 point.

TODAY’S FACTORS AND EVENTS

The dollar fell against the Japanese yen and the Swiss franc on Monday as concerns about geopolitical risks following North Korea’s latest nuclear test over the weekend prompted a rush to traditional currency hedges.

Moves were confined within broad trading ranges, however, as investors assigned a low probability of a full-scale conflict breaking out.

“Rising geopolitical tensions have pulled the dollar below the 110 yen levels and though we are surprised by how events have unfolded in the last 48 hours, markets are unlikely to react much to this unless this escalates into a conflict,” said Commerzbank foreign exchange strategist Thu Lan Nguyen

PREVIOUS DAY ACTIVITY

U.S. market were lower on Friday. For the day the Dow Jones Industrial Average closed at 21,987.56 for up with +0.18% percent or +39.46 point. The S&P 500 closed at 2,476.55 for up with +0.20% percent or +4.90 point. The Nasdaq Composite closed at 6,435.33 for up with  +0.10% percent or + 6.67 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,413.57 for up with +0.59% percent or +8.29 point; the S&P 600 Small-Cap Index closed at 847.05 for up with +0.79% percent or +6.62 point; the S&P 400 Mid-Cap Index closed at 1,737.79 for up with +0.40% percent or +6.91 point; the S&P 100 Index closed at 1,095.25 for up with  +0.13% percent or +1.47 point; the Russell 3000 Index closed at 1,465.45 for up with +0.25% percent or  +3.64 point; the Russell 1000 Index closed at 1,372.65 for up with +0.22% percent or +3.04 point; and the Dow Jones U.S. Select Dividend Index closed at 21,987.56 for up with +0.18% percent or +39.46 point.

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