Dollar Index Update on 10 November 2017

US PRE MARKET

The US Dollar Index are trading at 94.49 with a loss of -0.04% percent or -0.04 point. The cac 40 index are trading at 5,386.18 with a loss of –0.40% percent or –21.56 point . The DAX Index are trading at 13,163.91 with a loss of –0.14% percent or –18.65 point. The EURO Stoxx 50 Index are trading at 3,603.08 with a loss of –0.27% percent or –9.60 point

TODAY’S FACTORS AND EVENTS

The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling.

But the greenback was set for its biggest weekly drop in four weeks as investors were disappointed that a landmark U.S. tax bill may be delayed until 2019.

“I don’t think the markets were very hopeful on the passage of the U.S. tax bill this week to begin with so the indifferent reaction from markets was very much expected,” said Lutz Karpowitz, an FX strategist at Commerzbank in Frankfurt.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Thursday. For the day the Dow Jones Industrial Average closed at 23,461.94 with a loss of  –0.43% percent or –101.42 point. The S&P 500 closed at 2,584.62 with a loss of –0.38% percent or –9.76 point. The Nasdaq Composite closed at 6,750.05  with a loss of –0.58% percent or –39.06 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,475.02  with a loss of -0.45%   percent or -6.71 point; the S&P 600 Small-Cap Index closed at 893.16   with a loss of –0.43% percent or –3.82 point; the S&P 400 Mid-Cap Index closed at 1,826.20  with a loss of –0.54% percent or  –9.89 point; the S&P 100 Index closed at 1,142.07  with a loss of – 0.29% percent or –3.36 point; the Russell 3000 Index closed at 1,528.40  with a loss of  –0.39% percent or –6.05 point; the Russell 1000 Index closed at 1,431.52 with a loss of  –0.39% percent or –5.60 point; and the Dow Jones U.S. Select Dividend Index closed at 23,461.94  with a loss of –0.43% percent or –101.42point.

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