Showing posts with label us dollar index. Show all posts
Showing posts with label us dollar index. Show all posts

Monday, 20 November 2017

The US dollar and the US indices ended Friday with declines

The US dollar ended the last day of last week with a loss, in line with the US indices. The latter ended at their lowest values ​​for the day as a result of skepticism about Trump's tax reform.
Interest on US government bonds declined as well as those in 10-year German bonds, as a consequence of risk exclusion on the part of investors.
Good data on US home construction in October raised investor stakes for further interest rates, at the Fed meeting in December.
The dollar index fell 0.28%, with the euro adding 0.2% to 1.1793 at the end of last week.
The blue Dow Jones Industrial Average index lost 100.12 points, or 0.43% to 23,358.24 points, while the S&P 500 fell 6.79 points, or 0.26% to 2 578.85 points. Technological Nasdaq Composite lost 10.5 points, or 0.15% to 6 782.79 points.
Two-year interest on US bonds reached a new nine-year high at 1.73%.


Thursday, 19 October 2017

New records for US indices, the dollar with groth for fifth consecutive day

US indices reached new records yesterday as the dollar continued its winning streak. This happened after investors focused on the Fed's forthcoming interest rate policy and sent US government bonds up.
The spread between 5 and 30-year bonds fell to its lowest level since November 2007, following expectations for a stricter monetary policy worldwide. This has prompted investors to sell short-term government bonds.
The Dow blue chip index added momentarily over 120 points, reaching a new record high.
The dollar rose for the fifth consecutive day, supported by the rise in US bond interest rates. The dollar index added 0.1% to its value.



Tuesday, 24 January 2017

The dollar fell because of concerns about Trump's protectionist measures

The dollar was held near seven-week lows in Asian trade on Tuesday under pressure from investors' concerns about the possible impact of protectionist position on trade of the US President Donald Trump.
The dollar index by 5.20 GMT increased by 0.1 percent to 100.070 after falling to 99.899 on Monday - the lowest level since Dec. 8.
The dollar against the yen gained 0.1 percent to 112.78, but earlier reached the level of 112.52 - the lowest level since 30 November, much below the maximum of 114.45, reached at night.
Trump on Monday formally brought the United States out of the Trans-Pacific Partnership Agreement (TTP), distancing America from its Asian allies. He also said that he intends to revise the North American Free Trade Agreement (NAFTA).
The negative impact on the dollar has also had a decrease in yields on US bonds. Yield on indicative 10-year Treasury bonds showed a biggest of more than two weeks in a one-day decline, as fears about the consequences of a tough stance of Trump on trade increased demand for safe bonds.
The euro fell by 0.1 percent to $ 1.0753, earlier reaching $1.0774 - the highest value since December 8th.