USD went up and the U.S. futures opened higher on Wall Street

USD went up and the U.S. futures opened higher on Wall Street

By: James Ansher | Where To Trade | On:Tuesday, 13 December 2016
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  The dollar went up on Tuesday , when the U.S. dollar index went at 101.04, recovering from its weakest point this week, on Monday. 

The  U.S. dollar index recovered ahead the Federal Reserve meeting that will end on Wednesday. 

The Federal Reserve is expected to hike rates and investor are pricing in 100% chance of an increase. 

On the other hand, rumours that the U.S. central bank will indicate that more narrowing is to come in 2017. 

Looking at the stock markets and trade centers, the U.S. futures opened higher on Wall Street. The major indexes on Wall Street had higher openings compared to Monday, when the markets were confused and mixed.

The S&P 500 futures went up by 0.30%, the Dow futures rose 0.37%, and the Nasdaq 100 futures have gained 0.36%. 
No major U.S. economic reports for Tuesday. 

 

James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

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