Dollar Index Update on 08 February 2018

US PRE MARKET

The US Dollar Index are trading at 90.46 for up with +0.14% percent or +0.12 point. The cac 40 index are trading at 5,220.61  with a loss of -0.67% percent or  -35.28 point . The DAX Index are trading at 12,466.18 with  a loss of -0.99% percent or -124.25  point. The EURO Stoxx 50 Index are trading at 3,420.21   with a loss of -0.99% percent or  -34.31 point.

TODAY’S FACTORS AND EVENTS

The dollar hit a two-week high against a basket of major currencies on Thursday, with investors flocking to the relative safety of the greenback as European share prices fell back again after a modest recovery the previous day.

A selloff across global stock markets and bets that the United States could see at least three interest rate hikes in 2018 have driven the dollar up in recent days, with the currency gaining more than 2 percent against its basket over the past week.

The euro had earlier traded higher on the day against the greenback as Asian share prices stabilised, but it slipped back as European stock markets opened lower again, having staged a modest recovery on Wednesday.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Wednesday. For the day the Dow Jones Industrial Average closed at 24,893.35  with  a loss of -0.08% percent or -19.42 point. The S&P 500 closed at 2,681.66 with a loss of -0.50% percent or  -13.48 point. The Nasdaq Composite closed at 7,051.98  with a loss of -0.90% percent or  -63.90 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,507.97 for up with +0.05% percent or +0.80 point; the S&P 600 Small-Cap Index closed at 1,507.97 for up with +0.05%  percent or +0.80  point; the S&P 400 Mid-Cap Index closed at 21.60  with a loss of -0.09% percent or  -0.02 point; the S&P 100 Index closed at 1,187.56 with a loss of -0.58% percent or -6.93 point; the Russell 3000 Index closed at 1,583.18   with a      loss of -0.41% percent or  -6.60 point; the Russell 1000 Index closed at 1,484.41  with a loss of -0.45% percent or -6.74 point; and the Dow Jones U.S. Select Dividend Index closed at 24,893.35  with a loss of -0.08% percent or  -19.42  point.

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