Dec 7, 06:19 PM

US Dollar Index Gains 0.18% After 1.59% Decline; DAX at 20,377, Dow at 44,609 on December 8, 2024

The US dollar index gained 0.18% for the week ending December 8, 2024, recovering from a 1.59% decline the previous week. The dollar's strength was supported by positive non-farm employment and factory orders data, although concerns about high inflation and rising unemployment limited further gains. In global markets, the DAX index closed at 20,377, the Dow Jones at 44,609, and the NASDAQ at 21,590, reflecting slight fluctuations. The FTSE rose to 8,303, while the Hang Seng index reached 19,749. Other currency pairs showed minor changes, with GBP/USD at 1.2752 and EUR/USD at 1.0574. The gold price increased to $2,635 per ounce, showing a 0.07% rise.