Dollar Index Update on 21 September 2017

US PRE MARKET

The US Dollar Index are trading at 92.27  for up with +0.05% percent or +0.05 point. The cac 40 index are trading at 5,270.87 for up  with +0.56% percent or +29.21 point . The DAX Index are trading at 12,613.43 for up with    +0.35% percent or +44.26 point. The EURO Stoxx 50 Index are trading at 3,544.70 for up with +0.54% percent or +19.15 point.

TODAY’S FACTORS AND EVENTS

The dollar rose to a two-month high against the yen and extended its gains against the euro on Thursday after a hawkish-sounding Federal Reserve heightened expectations for an interest rate hike in December.

After concluding a closely watched two-day policy meeting on Wednesday, the Fed left interest rates unchanged as expected but signaled it still expects one more increase by the end of the year, despite a recent bout of low inflation.

The U.S. central bank, as anticipated, also said it would begin in October to reduce its holdings of around $4.2 trillion in U.S. Treasury bonds and mortgage-backed securities it acquired after the 2008 financial crisis.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 22,412.59 for up with +0.19% percent or +41.79 point. The S&P 500 closed at 2,508.24 for up with +0.06% percent or +1.59 point. The Nasdaq Composite closed at 6,456.04 with a loss of –0.08% percent or –5.28 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,445.42 for up with  +0.35% percent or +5.02 point; the S&P 600 Small-Cap Index closed at 869.16 for up with +0.37% percent or  +3.18 point; the S&P 400 Mid-Cap Index closed at 1,766.97 for up with  +0.31% percent or +5.45 point; the S&P 100 Index closed at 1,110.16  for up with  +0.08% percent or +0.90 point; the Russell 3000 Index closed at 1,485.49 for up  with +0.11% percent or +1.70 point; the Russell 1000 Index closed at 1,390.43 for up with +0.09% percent or +1.32 point; and the Dow Jones U.S. Select Dividend Index closed at 22,412.59  for up with +0.19% percent or +41.79 point.

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