#DollarStrength

[trader-sg112]

Financial Update by Spectra Global: Nasdaq Reaches New Heights, Dollar Strengthens, and Commodities Mixed

The dollar index and dollar index futures both rose 0.1%.

Chinese yuan weakens, USDCNY at 6-mth high.

USDJPY pair rising past 157 yen to the dollar.

AUDUSD pair rising marginally even as consumer price index inflation grew more than expected in April.

USDKRW pair rose 0.2%, while the Singapore dollar’s USDSGD pair added 0.1%.

USDINR pair rose 0.1% and was seen moving back towards record highs hit in May, above 83 rupees to the dollar.

The Nasdaq closed above 17,000 for the first time ever.

NASDAQ Composite rose 0.6% to close at a record of 17,019.88, the Dow Jones Industrial Average fell 216 points, or 0.6%, while S&P 500 rose 0.1%.

The U.S. Securities and Exchange Commission (SEC) approved the first spot Ethereum (ETH) exchange-traded funds (ETFs) last week. Ethereum price has surged in the anticipation of this decision with crypto experts now saying that the bull run has just started.

Spot gold fell 0.1% to $2,358.93 an ounce, while gold futures rose 0.1% to $2,359.80 an ounce ahead of their expiration this week.

Other precious metals were a mixed bag on Wednesday. Platinum futures fell 0.2% to $1,069.00 an ounce, while silver futures rose 0.5% to $32.312 an ounce.

Benchmark copper futures on the London Metal Exchange rose 0.6% to $10,566.50 a tonne, while one-month copper futures fell 0.1% to $4.8715 a pound.

[meta-merchant]

Bitcoin's resilience could turn the tables, even as the dollar strengthens.

Can it outfox market expectations?

[wnewsguru]

डॉलर के प्रति रुपया में गिरावट | कैसे आए यह बदलाव?

डॉलर की तुलना में लगातार गिरावट के बावजूद, रुपये का प्रदर्शन 17 देशों की मुद्राओं के मुकाबले बेहतर हो रहा है। बैंक ऑफ बड़ौदा के मुताबिक, सितंबर में 17 देशों की तुलना में रुपये में सबसे कम 0.62 फीसदी गिरावट आई है। मैक्सिको की मुद्रा में सर्वाधिक 4.80 फीसदी गिरावट रही है।

[forexdt]

Trump reportedly called his national security adviser at 3 a.m. to ask if the US wanted a strong or weak dollar President Donald Trump is now getting more concerned about the impact of a strong or a weak dollar. Read more here http://www.businessinsider.com/trump-called-mike-flynn-about-us-dollar-at-3-am-2017-2 #Trump #Forex #USD #dollarstrength #currecnies