Dollar Index Update on 17 January 2018

US PRE MARKET

The US Dollar Index are trading at 90.65 for up with +0.27% percent or +0.24 point. The cac 40 index are trading at 5,498.77   with  a loss of -0.27% percent or -15.05 point . The DAX Index are trading at 13,224.00  with a loss of -0.17%  percent or -22.33  point. The EURO Stoxx 50 Index are trading at 3,614.62   with a loss of -0.20% percent or -7.39 point.

TODAY’S FACTORS AND EVENTS

The dollar fell to a three-year low against its peers on Wednesday, losing its earlier bounce as the euro edged back after shaking off a setback to Chancellor Angela Merkel’s chances of forging a “grand coalition” in Germany.

The dollar index against a basket of six major currencies last stood little changed at 90.446 after hitting 90.113, its lowest since December 2014.

The dollar index momentarily recovered to as high as 90.826 on Tuesday after slipping steadily this month on investors’ expectations that major central banks would eventually windback stimulus to normalize monetary policy.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Tuesday. For the day the Dow Jones Industrial Average closed at 25,792.86   with a loss of  -0.04% percent or -10.33 point. The S&P 500 closed at 2,776.42 with a loss of -0.35% percent or  -9.82 point. The Nasdaq Composite closed at 7,223.69 with a loss of -0.51% percent or  -37.38 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,572.97   with a loss of  -1.19% percent or  -19.00 point; the S&P 600 Small-Cap Index closed at 960.12  with a loss of  -0.93%  percent or -9.05 point; the S&P 400 Mid-Cap Index closed at 1,952.07   with  a loss of -0.71% percent or -13.90 point; the S&P 100 Index closed at 1,231.79   with a loss of -0.22% percent or  -2.76 point; the Russell 3000 Index closed at 1,639.86 with a loss of  -0.46% percent or  -7.50 point; the Russell 1000 Index closed at 1,536.68 with a loss of  -0.40% percent or -6.10  point; and the Dow Jones U.S. Select Dividend Index closed at 25,792.86 with a loss of -0.04% percent or -10.33 point.

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