Dollar Index Update on 29 December 2017

US PRE MARKET

The US Dollar Index are trading at 92.35 with a loss of -0.34% percent or -0.31 point. The cac 40 index are trading at 5,333.36  with a loss of -0.11% percent or -6.06 point . The DAX Index are trading at 12,947.05 with a loss of -0.25%  percent or  -32.42 point. The EURO Stoxx 50 Index are trading at 3,516.83 with a loss of  -0.21% percent or -0.21% point.

TODAY’S FACTORS AND EVENTS

The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and Canadian dollars were at two-month highs thanks to firmer energy and metals prices.

The dollar index against a basket of six major currencies was unchanged at 92.602 after slipping 0.4 percent overnight to 92.573, its lowest since Nov. 27.

The index was on track to lose 0.5 percent this month. Shin Kadota, senior strategist at Barclays in Tokyo, said rebalancing of positions by market participants signaled broad selling of the dollar, particularly the yen, towards the year’s end.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Thursday. For the day the Dow Jones Industrial Average closed at 24,837.51 for up with  +0.26% percent or +63.21 point. The S&P 500 closed at 2,687.54 for up with  +0.18% percent or  +4.92 point. The Nasdaq Composite closed at 6,950.16 for up with +00.16% percent or  +10.82 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,548.93  for up with +0.32% percent or +4.99 point; the S&P 600 Small-Cap Index closed at 943.40  for up with +0.39%  percent or +3.69  point; the S&P 400 Mid-Cap Index closed at 1,911.28 for up with +0.30% percent or +5.76 point; the S&P 100 Index closed at 1,189.29 for up with +0.13% percent or  +1.59 point; the Russell 3000 Index closed at 1,591.45 for up with  +0.21% percent or +3.29 point; the Russell 1000 Index closed at 1,489.53 for up with +0.20% percent or +2.94 point; and the Dow Jones U.S. Select Dividend Index closed at 24,837.51 for up with +0.26% percent or +63.21 point.

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