A decrease of the indicator value may contribute to the fall in quotes of USD.
5 September
Dollar News (USD)
Categories
Fed’s Mary Daly forecasts interest rate cut in fall
According to Mary Daly, President of the Federal Reserve Bank of San Francisco, an interest rate cut by the Federal Reserve (Fed) in the fall is the most optimal scenario. She also viewed recent inflation figures in the country positively, but urged continued vigilance.
23 June
American stock markets on edge as US-Iran tensions escalate
Investors are bracing for a sharp decline in stock markets on Monday, as US measures against Iran could lead to retaliation. The situation in the Middle East has become a key influencing factor for markets, overshadowing the US economic data set to be released this week, Reuters reports.
23 June
The dollar edged higher on Monday as anxious investors sought safe-haven assets. Traders are awaiting Iran's response to US involvement in the Middle East conflict. The greenback strengthened against a basket of major currencies. The dollar index rose 0.12% and reached 99.008.
23 June
US President Donald Trump calls for a 2.5-percentage-point cut in the Federal Reserve’s (Fed) rates to boost GDP growth. Such a reduction would be unprecedented, as the American central bank tends to adjust borrowing costs by a quarter point.
20 June
HSBC projects three Fed rate cuts through March 2026
According to a recent forecast by HSBC, the US Federal Reserve (Fed) will lower rates by 25 basis points three times through March 2026. Analysts project cuts in September and December this year, followed by another one in March next year.
20 June
LIAN Group founder predicts euro-based stablecoins to weaken dollar dominance by 2028
Euro-based stablecoins could rival their dollar counterparts by 2028, according to Fiorenzo Manganiello, founder and managing partner of LIAN Group.
20 June
According to JPMorgan economists, the threat of escalating tensions in the Middle East is now the main risk for the economy of both the US and the world. James Knightley, chief international economist at ING, shares this view.
20 June
Dollar steady amid investor concerns over Middle East tensions
The dollar strengthened slightly on Thursday amid the threat of an escalating conflict in the Middle East. The growth of geopolitical tension contributed to the US dollar's restoration as a safe-haven asset and an increase in its rate, as reported by Reuters.
20 June
Macquarie cuts its forecasts for Fed rates after regulator's recent report
According to Investing.com, the Federal Reserve (Fed) on Wednesday reaffirmed plans for two rate cuts this year, despite revising its inflation forecast upward. Analysts at Macquarie view this as evidence of a shift in the regulator's attitude toward changes in economic indicators.
19 June
Bloomberg columnist John Authers claims the US Federal Reserve (Fed) will stick to a wait-and-see approach until policymakers are confident Donald Trump's tariffs and the Middle East conflict have not sparked a surge in inflation.
19 June
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.
