Dollar Index Update as on 04 November 2019

The U.S. Dollar Index is trading at 97.32 up with +0.08% percent or +0.07 point. The Dow Futures is trading at 27,387.00 up with +0.47% percent or +128.00 point. The S&P 500 Futures is trading at 3,079.38  up with +0.53% percent or +16.13 point.  The Nasdaq Futures is trading at 8,216.62 up with +0.69% percent or +56.37 point.

TODAY’S FACTORS AND EVENTS

The euro started the week firm at $1.1168 as bulls looked to test the October peak of $1.1179 and the 200-day moving average at $1.1195.

Against a basket of currencies, the dollar was stuck at 97.218 having touched a three-month low at 97.107 on Friday. It was now targeting the August trough of 97.033.

The dollar fared a little better on the yen as safe havens fell from fashion, edging up to 108.23 from Friday’s low around 107.87.

Sterling remained well bid at $1.2935, after last month’s rally from $1.2200, as investors wagered there was less risk of a hard Brexit now that an election campaign was underway.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 27,347.36 up with 1.11% percent or +301.13 point. The S&P 500 is trading at 3,066.91 up with 0.97% percent or +29.35 point. The Nasdaq Composite is trading at 8,386.40 up with +1.13% percent or +94.04 point.

WORLD MARKETS

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,589.33 up with +1.72% percent or +26.88 point; the S&P 600 Small-Cap Index closed at 980.42 up with +1.56% percent or +15.07 point; the S&P 400 Mid-Cap Index closed at 1,983.50 up with +1.44% percent or +28.13  point; the S&P 100 Index closed at 1,363.03 up with +0.98% percent or +13.27 point; the Russell 3000 Index closed at 1,796.77 up with +1.04%  percent or +18.57 point; the Russell 1000 Index closed at 1,693.80 up with +1.00%  or +16.72 point.

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