Dollar Index Update on 30 October 2017

US PRE MARKET

The US Dollar Index are trading at 94.63  with a loss of -0.29% percent or -0.27  point. The cac 40 index are trading at 5,495.20 for up with +0.01% percent or  +0.82 point . The DAX Index are trading at 13,222.60 for up with +0.04%  percent or +5.06 point. The EURO Stoxx 50 Index are trading at 3,656.63  for up with +0.12% percent or +4.51 point

TODAY’S FACTORS AND EVENTS

The dollar slipped on Monday after its biggest weekly rise this year as investors took profits before a central bank decision this week where markets are waiting to see if strong economic data will spur a more hawkish stance.

Net short bets on the dollar fell to their smallest in nearly three months, about $8 billion, roughly half of what they were a month ago, according to calculations by Reuters and Commodity Futures Trading Commission data released last week.

Investor sentiment towards the dollar has undergone a significant shift in recent weeks thanks to strong data and expectations about the appointment of a new hawkish-leaning Federal Reserve chair.

PREVIOUS DAY ACTIVITY

U.S. market were  higher on Friday. For the day the Dow Jones Industrial Average closed at 23,434.19 for up with  +0.14% percent or +33.33 point. The S&P 500 closed at 2,581.07 for up  with +0.81% percent or  +20.67 point. The Nasdaq Composite closed at 6,701.26 for up with +2.20% percent or +144.49 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,508.32 for up with +0.73% percent or +10.86 point; the S&P 600 Small-Cap Index closed at 916.43 for up with +0.57% percent or +5.21 point; the S&P 400 Mid-Cap Index closed at 1,839.12 for up with +0.54% percent or  +9.85 point; the S&P 100 Index closed at 1,140.09 for up with +1.12% percent or +12.61 point; the Russell 3000 Index closed at 1,529.83 for up with +0.78% percent or +11.80 point; the Russell 1000 Index closed at 1,430.34for up with +0.78% percent or +11.10 point; and the Dow Jones U.S. Select Dividend Index closed at 23,434.19 for up with +0.14% percent or +33.33 point.

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