Dollar Index Update on 26 January 2018

US PRE MARKET

The US Dollar Index are trading at 88.90 with a loss of -0.61% percent or -0.55  point. The cac 40 index are trading at 5,531.27 for up with  +0.91% percent or  +50.07 point . The DAX Index are trading at 13,318.73  for up with +0.15% percent or  +20.05  point. The EURO Stoxx 50 Index are trading at 3,645.22 for up with   +0.42%  percent or +15.07  point.

TODAY’S FACTORS AND EVENTS

The dollar traded above its recent lows against major rivals on Friday, having bounced after U.S. President Donald Trump said he wanted a “strong dollar”, contradicting earlier comments made by Treasury Secretary Steven Mnuchin.

Trump told CNBC in an interview in Davos, Switzerland, on Thursday that he ultimately wants the dollar to be strong, adding that Mnuchin’s comments had been misinterpreted.

The dollar’s bounce pulled the euro away from three-year highs and knocked sterling off its strongest levels since June 2016. The dollar stayed steady against the yen, holding above a four-month low struck on Thursday.

PREVIOUS DAY ACTIVITY

U.S. market were mixed on Thursday. For the day the Dow Jones Industrial Average closed at 26,392.79 for up with +0.54% percent or +140.67  point. The S&P 500 closed at 2,839.25 for up with +0.06% percent or  +1.71 point. The Nasdaq Composite closed at 7,411.16 with a loss of -0.05% percent or -3.89 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,601.67 for up with +0.13% percent or  +2.06 point; the S&P 600 Small-Cap Index closed at 976.56  for up with +0.37%  percent or +3.60 point; the S&P 400 Mid-Cap Index closed at 1,987.35 with a loss of -0.02% percent or  -0.39 point; the S&P 100 Index closed at 1,258.04  for up  with +0.12% percent or +1.50 point; the Russell 3000 Index closed at 1,676.33 for up  with +0.05% percent or  +0.80 point; the Russell 1000 Index closed at 1,571.34 for up with +0.04% percent or  +0.65 point; and the Dow Jones U.S. Select Dividend Index closed at 26,392.79  for up with +0.54% percent or +140.67 point.

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