Dollar Index Update on 21 December 2017

US PRE MARKET

The US Dollar Index are trading at 93.30 with a loss of -0.06% percent or -0.05 point. The cac 40 index are trading at 5,348.35 with a loss of –0.08% percent or –4.41 point . The DAX Index are trading at 13,056.28 with a loss of –0.10% percent or  –12.89 point. The EURO Stoxx 50 Index are trading at 3,548.56 with a loss of  –0.12% percent or –4.09 point.

TODAY’S FACTORS AND EVENTS

The dollar held near a one-week high against the yen on Thursday, supported by a rise in U.S. bond yields, with moves limited ahead of a Bank of Japan policy decision and a news conference by the BOJ governor.

The dollar eased 0.1 percent to 113.28 yen, after rising to as high as 113.47 yen on Wednesday, its strongest level since mid-December.

A rise beyond last week’s high of 113.75 yen would send the dollar to its highest level in more than a month.

Analysts said the dollar was supported against the yen after the U.S.10-year Treasury yield rose to a nine-month high on Wednesday as investors worried over whether the tax cuts would lead to higher U.S. debt, increased bond issuance, and more aggressive rate hikes by the Fed.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Wednesday. For the day the Dow Jones Industrial Average closed at 24,726.65 with a loss of -0.11% percent or –28.10 point. The S&P 500 closed at 2,679.25 with a loss of -0.08% percent or –2.22 point. The Nasdaq Composite closed at 6,960.96 with a loss of  –0.04%percent or  –2.89 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,540.08 for up with +0.22% percent or +3.33 point; the S&P 600 Small-Cap Index closed at 938.20 for up with +0.17% percent or  +1.58 point; the S&P 400 Mid-Cap Index closed at 1,899.96 for up with +0.15% percent or +2.93 point; the S&P 100 Index closed at 1,186.57 with a loss of -0.14% percent or -1.72 point; the Russell 3000 Index closed at 1,585.42 with a loss of  –0.05% percent or  –0.74 point; the Russell 1000 Index closed at 1,484.13 with a loss of -0.07% percent or -1.02 point; and the Dow Jones U.S. Select Dividend Index closed at 24,726.65 with a loss of –0.11% percent or –28.10 point.

You may also like...

Rules of Discussion on Dollar Index Update on 21 December 2017

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean