Dollar Index Update on 18 March 2019

The U.S. Dollar Index is trading at 96.46  with a loss of -0.09% percent or -0.09 point. The Dow Futures is trading at 25,824.00  with a loss of -0.29% percent or -75.00 point. The S&P 500 Futures is trading at 2,830.62 up with +0.03% percent or +0.87 point.  The Nasdaq Futures is trading at 7,347.75 up with +0.06%  percent or +4.50 point.

TODAY’S FACTORS AND EVENTS

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain’s exit from the European Union.

The dollar’s index against a basket of six major currencies edged down 0.1 percent to 96.481, after having shed 0.81 percent last week, the biggest loss since late August.

Weaker-than-forecast U.S. economic data on Friday cemented expectations the Fed could strike a dovish stance this week, sending U.S. bond yields down to 10-week lows.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 25,848.87 up with +0.54% percent or +138.93 point. The S&P 500 is trading at 2,822.48 up with +0.50% percent or +14.00 point. The Nasdaq Composite is trading at 7,688.53 up with +0.76% percent or +57.62 point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,553.54 up with +0.25% percent or +3.90 point; the S&P 600 Small-Cap Index closed at 947.25 up with +0.048% percent or +0.45 point; the S&P 400 Mid-Cap Index closed at 1,895.86  up with +0.18% percent or +3.42 point; the S&P 100 Index closed at 1,247.48  up with +0.54% percent or +6.71 point; the Russell 3000 Index closed at 1,665.84 up with +0.45% percent or +7.48 point; the Russell 1000 Index closed at 1,564.23 up with +0.47% percent or +7.26 point.

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