Dollar Index Update on 08 March 2018

US PRE MARKET

The US Dollar Index are trading at 89.73 for up with +0.15% percent or +0.13 point. The cac 40 index are trading at 5,209.01 for up  with +0.41% percent or + 21.19 point . The DAX Index are trading at 12,236.61   with a loss of -0.07% percent or -8.75  point. The EURO Stoxx 50 Index are trading at 3,384.30  for up  with +0.21% percent or  +6.94 point.

TODAY’S FACTORS AND EVENTS

The dollar recovered ground on Thursday, drawing relief from positive labor market data and the White House saying Canada and Mexico, and possibly other countries, may be exempted from planned U.S. import tariffs on steel and aluminium.

Elsewhere on the currency markets, the euro trod water ahead of a European Central Bank meeting later in the global day, that is expected to leave policy rates unchanged for now, but may provide clues to the future.

The dollar had weakened sharply following the resignation on Tuesday of Gary Cohn, the top economic advisor to the White House who was seen as seen as a bulwark against protectionism in the Trump administration.

PREVIOUS DAY ACTIVITY

U.S. market were mixed on Wednesday. For the day the Dow Jones Industrial Average closed at 24,801.36  with a loss of  -0.33% percent or  -82.76 point. The S&P 500 closed at 2,726.80  with a loss of -0.05% percent or -1.32 point. The Nasdaq Composite closed at 7,396.65 for up with +0.33% percent or  +24.64  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,574.53  for up with +0.79% percent or +12.33 point; the S&P 600 Small-Cap Index closed at 956.49  for up  with +0.70% percent or +6.66 point; the S&P 400 Mid-Cap Index closed at 1,920.42 for up with  +0.18% percent or +3.43 point; the S&P 100 Index closed at 1,201.86   with a loss of -0.06% percent or -0.68 point; the Russell 3000 Index closed at 1,615.33  for up with +0.05% percent or +0.76 point; the Russell 1000 Index closed at 1,511.71   with a loss of -0.01% percent or -0.20 point; and the Dow Jones U.S. Select Dividend Index closed at 24,801.36    with  a loss of -0.33% percent or  -82.76 point.

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