Dollar Index Update on 27 October 2017

US PRE MARKET

The US Dollar Index are trading at 94.90 for up with +0.31% percent or +0.31% point. The cac 40 index are trading at 5,498.65 for up with +0.79% percent or  +42.95 point . The DAX Index are trading at 13,227.45 for up with +0.72%  percent or +94.17 point. The EURO Stoxx 50 Index are trading at 3,659.59   for up with +0.62% percent or +22.39 point

TODAY’S FACTORS AND EVENTS

The euro slipped for a second day on Friday, on track for its biggest weekly loss of the year on the back of falling bond yields after the European Central Bank extended its bond buying well into next year.

Investors played the diverging monetary policy outlook view between the U.S. and Europe where the former is expected to raise interest rates again before the end of the year while the latter is not expected to raise interest rates in the coming years.

“The euro is vulnerable now that the highly-anticipated ECB QE tapering announcement is behind us,” said Kit Juckes, an FX strategist at Societe Generale in London.

PREVIOUS DAY ACTIVITY

U.S. market were  higher on Thursday. For the day the Dow Jones Industrial Average closed at 23,400.86 for up with  +0.31% percent or +71.40 point. The S&P 500 closed at 2,560.40 for up  with +0.13% percent or  +3.25 point. The Nasdaq Composite closed at 6,556.77 with a loss of  –0.11% percent or –7.12 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,497.46 for up with +0.27% percent or +3.98 point; the S&P 600 Small-Cap Index closed at 911.22 for up with +0.49% percent or +4.40 point; the S&P 400 Mid-Cap Index closed at 1,829.27 for up with +0.48% percent or  +8.73 point; the S&P 100 Index closed at 1,127.48 with 0.00% percent or +0.04 point; the Russell 3000 Index closed at 1,518.02  for up with +0.17% percent or +2.59 point; the Russell 1000 Index closed at 1,419.25 for upwith +0.16%  percent or +2.31 point; and the Dow Jones U.S. Select Dividend Index closed at 23,400.86 for up with +0.31% percent or +71.40 point.

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