Dollar Index Update on 06 November 2017

US PRE MARKET

The US Dollar Index are trading at 94.89 with a loss of -0.02% percent or -0.02 point. The cac 40 index are trading at 5,504.07  with a loss of –0.25% percent or –13.90 point . The DAX Index are trading at 13,445.14 with a loss of  –0.25% percent or –33.72 point. The EURO Stoxx 50 Index are trading at 3,677.99 with a loss of –0.32% percent or –11.97 point

TODAY’S FACTORS AND EVENTS

The dollar was little changed on Monday after investors took profits on its best weekly performance this year, with wariness about the status of the U.S. economy and tax reform plans setting the tone.

The dollar briefly popped to a eight-month high against the Japanese yen in Asian trades but, with last week’s U.S. jobs data having been relatively underwhelming, London-based traders were a bit more cautious.

“The only reason why investors are not selling the dollar aggressively is because (of) uncertainty around the tax plan progress even though the bond market is flashing a warning sign,” said Viraj Patel, an FX strategist at ING in London.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Friday. For the day the Dow Jones Industrial Average closed at 23,539.19 for up with +0.10% percent or +22.93 point. The S&P 500 closed at 2,587.84 for up with +0.31% percent or  +7.99 point. The Nasdaq Composite closed at 6,764.44 for up with +0.74% percent or  +49.49 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,494.91 with a loss of -0.11% percent or 1.64 point; the S&P 600 Small-Cap Index closed at 900.88 with a loss of –0.64% percent or –5.79 point; the S&P 400 Mid-Cap Index closed at 1,835.98 for up with +0.25% percent or  +4.64 point; the S&P 100 Index closed at 1,143.41 for up with  +0.35% percent or +3.94 point; the Russell 3000 Index closed at 1,532.27 for up with +0.29% percent or +4.36 point; the Russell 1000 Index closed at 1,433.88 for up with +0.32% percent or +4.54 point; and the Dow Jones U.S. Select Dividend Index closed at 23,539.19  for up with +0.10% percent or +22.93 point.

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