Dollar Index Update on 29 January 2018

US PRE MARKET

The US Dollar Index are trading at 89.14 for up with +0.10% percent or +0.09  point. The cac 40 index are trading at 5,523.34 with  a loss of -0.11% percent or  -5.81 point . The DAX Index are trading at 13,288.63  with a loss of  -0.39% percent or  -51.54  point. The EURO Stoxx 50 Index are trading at 33,637.33 with a loss of   -0.28%  percent or  -10.08  point.

TODAY’S FACTORS AND EVENTS

The dollar edged higher against a basket of currencies on Monday, helped by rising bond yields and a week packed with U.S. data starting with a central bank policy decision, though the broader outlook remained murky for the greenback.

Conflicting signals from top U.S. officials last week did little to discourage bearish positions, with net short dollar bets increasing to their highest level since October, according to latest positioning data. The dollar is set to post its biggest monthly decline since March 2016.

“The dollar is getting some help from higher U.S. yields and we have the Fed and the jobs data this week, but the broader story remains selling the greenback into any rallies,” said Alvin Tan, a currency strategist at Societe Generale in London.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Friday. For the day the Dow Jones Industrial Average closed at 26,616.71 for up with +0.85% percent or +223.92 point. The S&P 500 closed at 2,872.87 for up with +1.18% percent or  +33.62 point. The Nasdaq Composite closed at 7,505.77 for up with +1.28% percent or +94.61 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,608.06 for up with +0.40% percent or  +6.39 point; the S&P 600 Small-Cap Index closed at 979.57  for up with +0.31%  percent or +3.01 point; the S&P 400 Mid-Cap Index closed at 1,995.23 for up with +0.40% percent or +7.88 point; the S&P 100 Index closed at 1,258.04  for up  with +1.27% percent or +15.95 point; the Russell 3000 Index closed at 1,694.23 for up  with +1.07% percent or  +17.91 point; the Russell 1000 Index closed at 1,588.98 for up with +1.12% percent or  +17.63 point; and the Dow Jones U.S. Select Dividend Index closed at 26,616.71  for up with +0.85% percent or +223.92 point.

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