An increase of the indicator value may contribute to the rise in quotes of USD.
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Dollar News (USD)
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Wells Fargo analysts view current dollar weakness as temporary
The import tariffs imposed by the US President have made investors question the dollar's status as a safe-haven currency, sparking debates about its potential collapse. However, analysts at Wells Fargo believe any weakening of the greenback is unlikely to last.
8 July
Goldman Sachs has revised its forecast to predict an earlier interest rate cut by the Federal Reserve (Fed) in September, moving up from the previously expected December timeline. The updated outlook cites various disinflationary factors.
8 July
Fed officials dismiss near-term prospects for neutral interest rates in US
Senior Federal Reserve officials have expressed skepticism about the likelihood of the United States reaching a point where interest rates are neutral. Research from the New York and San Francisco regulators says there is only a 9% chance that borrowing costs will go down to zero.
8 July
Analysts at ING forecast the euro-dollar currency pair to consolidate within the range of 1.1700–1.1830 this week. However, they warn of an upside risk to 1.1900–1.1910 if Washington misjudges market sentiment. Yet, this scenario is unlikely.
8 July
According to Bloomberg, the dollar gained 0.5% against a basket of major currencies yesterday following US President Donald Trump's announcement of new import tariffs on several countries. The move has bolstered investor confidence in the American economy's resilience to trade disputes.
8 July
No change of the indicator value may reduce the volatility of the related markets.
7 July
As US President Donald Trump announced, new increased import tariffs will take effect on August 1. Countries failing to reach an agreement with the United States until this date will face sharp duty hikes. Other nations will be notified about the tariff increases from July 9, Reuters reported.
7 July
The Silver Academy expects US President Donald Trump’s tax and spending bill to accelerate price growth in the country and boost precious metals.
7 July
Dollar’s fate depends on US inflation data and tariff policy — Investing.com
According to experts from Investing.com, the fate of the US dollar currently depends directly on how tariffs affect the country’s inflation data. As noted in a recent report by Bank of America (BofA) experts, the US currency depreciated significantly in the first half of the year.
7 July
De-dollarization could boost S&P 500 performance — Yahoo Finance
JPMorgan analysts highlight several trends pointing to global de-dollarization, even as the US dollar remains the world’s dominant reserve currency and primary medium for trade and international transactions.
7 July
The dollar is the monetary unit of the United States (US). It is also used as the official currency by some other countries (Ecuador, Zimbabwe, El Salvador). The dollar holds a leading position in the world economy.
At the moment, the dollar dominates the system of international settlements with almost 50% share (the euro ranks second with less than 25%). Meanwhile, the dollar's dominance is even more pronounced in the financial sector, on the foreign exchange market, and in the government reserves.
The US currency (USD) quotes, as well as those of its foreign counterparts, depend primarily on the economic and political situation in the issuing country. The US authorities, such as the Federal Reserve System (the Fed) and the Department of the Treasury, influence the dollar exchange rate by changing their monetary, fiscal, budget, and tax policies.
Moreover, the value of the dollar may be significantly affected by the latest news and the international situation. Global economic problems and rising geopolitical tensions have historically been favorable for the US currency, as investors consider it one of the major safe-haven assets, along with gold. In contrast, during periods of strong economic growth and a relatively calm global environment, the demand for the dollar tend to reduce.
