Dollar Index Update on 12 September 2017

US PRE MARKET

The US Dollar Index are trading at 91.95 for up with +0.04% percent or +0.04 point. The cac 40 index are trading at 5,212.47 for up with +0.69% percent or +35.76 point . The DAX Index are trading at 12,550.78 for up with +0.61% percent or +75.54 point. The EURO Stoxx 50 Index are trading at 3,517.84 for up with +0.65% percent or +22.65 point.

TODAY’S FACTORS AND EVENTS

The dollar held steady on Tuesday, a day after investors trimmed short bets against it on a bounce in U.S. bond yields to generate its second biggest daily gain against the yen this year.

Positioning against the dollar has ballooned to record levels in recent months as soft economic data and an impending change of guard at the Federal Reserve has made markets extend bets that U.S. interest rates are unlikely to go up any time soon.

“Nothing fundamental has changed about the outlook for the dollar, namely that the market has become more sceptical about the Fed’s intention to raise rates in the near term and Thursday’s inflation data may bolster those bets,” said Antje Praefcke, an FX strategist at Commerzbank AG in Frankfurt.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Monday. For the day the Dow Jones Industrial Average closed at 22,057.37 for up with +1.19% percent or +259.58point. The S&P 500 closed at 2,488.11 for up with +1.08% percent or +26.68 point. The Nasdaq Composite closed at 6,432.26 for up with +1.13% percent or +72.07 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,414.44 for up with +1.06% percent or +14.79 point; the S&P 600 Small-Cap Index closed at 847.73 for up with +1.05% percent or +8.81point; the S&P 400 Mid-Cap Index closed at 1,739.02 for up with +1.16% percent or +19.93 point; the S&P 100 Index closed at 1,098.54 for up with  +1.06% percent or +11.56  point; the Russell 3000 Index closed at 1,471.20for up  with +1.10% percent or +15.95 point; the Russell 1000 Index closed at 1,378.37 for up with +1.10% percent or +14.94 point; and the Dow Jones U.S. Select Dividend Index closed at 22,057.37 for up with +1.19% percent or +259.58  point.

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