Dollar Index Update on 27 April 2018

U.S INDEX MARKET

The U.S. Dollar Index is trading at 91.65 up with +0.07%  percent or +0.06 point. The Dow Futures is trading at 24,289.00  with a loss of -0.11% percent or -27.00 point. The S&P 500 Futures is trading at  2,671.75 with a loss of -0.10% percent or -2.75 point.  The Nasdaq Futures is trading at 6,751.75 up with +0.25% percent or +17.00 point.

TODAY’S FACTORS AND EVENTS

The dollar held near a 3-1/2-month high against a basket of currencies on Friday as higher U.S. yields have prompted unwinding of big short positions in the currency while the euro was hampered by a dovish tone from the European Central Bank.

The dollar’s index against six major currencies hit a high of 91.639, its strongest level since mid-January as investors have warmed to the greenback thanks to attractive Treasury yields.

The benchmark 10-year U.S. Treasuries had hit the psychologically important three percent mark on combination of worries about inflation and increased debt supplies as a result of President Donald Trump’s tax cuts and spending plans.

PREVIOUS DAY ACTIVITY

U.S. market were higher on Thursday.For the day the Dow is trading at 24,322.34 up with +0.99% percent or +238.51 point. The S&P 500 is trading at 2,666.94 up with +1.04% percent or +27.54 point. The Nasdaq Composite is trading at 7,118.68 up with +1.64% percent or +114.94 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,557.89  up with +0.48% percent or +7.43 point; the S&P 600 Small-Cap Index closed at 958.70  up with +0.38% percent or +3.67 point; the S&P 400 Mid-Cap Index closed at 1,895.21  up with +0.38% percent or +7.20 point; the S&P 100 Index closed at 1,169.17  up with +1.19% percent or +13.79 point; the Russell 3000 Index closed at 1,581.47 up with +0.97% percent or ++15.16 point; the Russell 1000 Index closed at 1,581.4  up with +0.97% percent or +15.16 point;

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