Wall Street at record highs as index options look lucrative; dollar indirectly proportionate

In our opinion the US looking in good shape, accordingly indices strength is also reasonable.

The Dow Jones gained 180.1 points (i.e. 1%) at 18,115.84.

S&P 500 rose 20.8 points (i.e. 0.99%) at 2,121.24.

While NASDAQ surged 68.07 points (i.e. 1.34%) at 5,132.95.

What is driving US equities:

The perceived dovishness of the Federal Reserve's statement and projections after its meeting on Wednesday continued to support US equities. About 6.2 billion shares changed hands on US exchanges, above the 5.96 billion daily averages so far this month, according to BATS Global Markets data.

Although we say dollar may likely to move indirectly proportionate it does not mean to pass on negative territory. But investors seem more keen on equity avenues.

So it is quite potent that when you're determined to take part in the segment within the geographical boundary with robust economical environment which currency would not have its exposure much with the foreign currencies.

We reckon despite expecting some resilience in Fx markets dollar against major currency baskets remain stagnant in next medium terms.

As speculating perspectives we recommend buying Dow binary call options at every dips.