Dollar Index Update on 22 March 2018

US PRE MARKET

The US Dollar Index are trading at 89.53 with a loss of  -0.19% percent or -0.18  point. The cac 40 index are trading at 5,201.46  with a loss of -0.73% percent or -38.28 point . The DAX Index are trading at 30.60   with  a loss of -0.05% percent or -0.02  point. The EURO Stoxx 50 Index are trading at 3,375.87  with a loss of  -0.74% percent or  -25.17 point.

TODAY’S FACTORS AND EVENTS

The dollar struggled against its peers on Thursday after the Federal Reserve indicated it was more likely to raise interest rate three times in 2018 instead of the four that some currency bulls had hoped for.

The Fed raised rates by 25 basis points to 1.75 percent on Wednesday and signaled two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the economy and inflation and spur more aggressive future tightening.

PREVIOUS DAY ACTIVITY

U.S. market were lower on Wednesday. For the day the Dow Jones Industrial Average closed at 24,682.31   with a loss of -0.18% percent or  -44.96 point. The S&P 500 closed at 2,711.93 with a loss of -0.18% percent or -5.01 point. The Nasdaq Composite closed at 7,345.28  with a loss of -0.26% percent or  -19.02 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,579.30 for up with +0.57%percent or +8.90 point; the S&P 600 Small-Cap Index closed at 964.15  for up  with +0.49% percent or+ 4.72 point; the S&P 400 Mid-Cap Index closed at 1,924.69 for up with +0.31% percent or  +5.95 point; the S&P 100 Index closed at 1,189.53   with a loss of -0.24% percent or -2.90 point; the Russell 3000 Index closed at 1,608.57  with a loss of -0.09% percent or  -1.41 point; the Russell 1000 Index closed at 1,504.48 with a loss of -0.14% percent or -2.14 point; and the Dow Jones U.S. Select Dividend Index closed at 24,682.31  with a loss of -0.18%  percent or -44.96 point.

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