Dollar Index Update on 05 December 2017

US PRE MARKET

The US Dollar Index are trading at 93.17 for up with +0.09% percent or +0.08 point. The cac 40 index are trading at 5,361.68 for up with +0.52% percent or +28.09 point . The DAX Index are trading at 13,011.91  with a loss of  –0.36% percent or –46.64 point. The EURO Stoxx 50 Index are trading at 3,561.06 with a loss of –0.42% percent or –15.16 point.

TODAY’S FACTORS AND EVENTS

The dollar dipped on Tuesday, as investors waited to see how the next step of the U.S. tax reform legislation proceeds rather than extend the rise made by the dollar at the start of the week following the U.S. Senate’s approval of the tax bill.

The Senate must now reconcile its version of the bill with legislation passed by the House of Representatives.

“The upcoming negotiations on the bill between the Senate and the House are likely to decide the dollar’s direction this week,” said Shin Kadota, senior strategist at Barclays in Tokyo.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Monday. For the day the Dow Jones Industrial Average closed at 24,290.05 for up with +0.24% percent or  +58.46 point. The S&P 500 closed at 2,639.44 with a loss of -0.11% percent or –2.78 point. The Nasdaq Composite closed at 6,847.59 with a loss of –0.38% percent or –26.39 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,532.41 with a loss of -0.30% percent or -4.61 point; the S&P 600 Small-Cap Index closed at 938.01 for up with +0.07% percent or +0.70 point; the S&P 400 Mid-Cap Index closed at 1,894.07 with a loss of -0.03% percent or  -0.51 point; the S&P 100 Index closed at 1,165.99 with a loss of -0.02% percent or -0.20 point; the Russell 3000 Index closed at 1,563.70 with a loss of –0.14% percent or –2.18 point; the Russell 1000 Index closed at 1,462.75 with a loss of –0.13% percent or -1.84 point; and the Dow Jones U.S. Select Dividend Index closed at 24,290.05 for up with +0.24% percent or +58.46 point.

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