Dollar Index Update on 14 September 2017

US PRE MARKET

The US Dollar Index are trading at 92.34 with a loss of -0.07% percent or -0.06 point. The cac 40 index are trading at 5,215.25 with a loss of 0.05% percent or -2.47 point . The DAX Index are trading at 12,519.34  with  a loss of –0.27% percent or –34.23 point. The EURO Stoxx 50 Index are trading at 3,515.67  with a loss of –0.21% percent or –7.47 point.

TODAY’S FACTORS AND EVENTS

The dollar consolidated gains on Thursday, a day after posting its biggest single-day rise in six weeks as markets looked forward to U.S. inflation data that will determine the near term trading outlook for the struggling greenback.

With short bets against the dollar stuck near record highs despite this week’s rally, any upside inflation surprise might trigger a broad-based pull-back in positioning.

“We view this dollar move higher as broadly a corrective move and now the question is how much the dollar can recover before the data,” said Viraj Patel, an FX strategist at ING in London.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 22,158.18 for up with +0.18% percent or +39.32 point. The S&P 500 closed at 2,498.37 for up with +0.08% percent or +1.89 point. The Nasdaq Composite closed at 6,460.19 for up with +0.09% percent or +5.91 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,426.89 for up with +0.24% percent or +3.43 point; the S&P 600 Small-Cap Index closed at 856.82 for up with +0.34% percent or +2.91 point; the S&P 400 Mid-Cap Index closed at 1,748.48  with a loss of –0.16% percent or –2.77 point; the S&P 100 Index closed at 1,104.88 for up with  +0.17% percent or +1.85 point; the Russell 3000 Index closed at 1,477.71 for up  with +0.07% percent or +1.03 point; the Russell 1000 Index closed at 1,384.01 for up with +0.06% percent or +0.77point; and the Dow Jones U.S. Select Dividend Index closed at 22,158.18 for up with +0.18% percent or +39.32 point.

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