A decrease of the indicator value may contribute to the fall in quotes of USD.
5 September
Dollar News (USD)
Categories
57% of investors expect gold prices to rise amid declining trust in dollar — eToro survey
An eToro survey found that 57% of retail investors expect gold prices to go up within the next 6–12 months. 45% have invested in this precious metal over the past couple of years.
19 June
As reported by Reuters, American stocks could face a sharp sell-off if tensions between the US and Iran escalate. Such a scenario would further strain the already fragile global economy, pressured by Donald Trump's import tariffs.
19 June
US labor market shows signs of cooling
For the week ending June 14, initial US jobless claims fell by 5,000 to 245,000. The indicator has stabilized near its highest level in eight months, matching forecasts of economists surveyed by Bloomberg.
19 June
On Wednesday, the Federal Open Market Committee voted to keep the federal funds rate in the range of 4.25% to 4.5%. The regulator also released an economic forecast for the first time since US President Donald Trump imposed large-scale tariff duties.
19 June
No change of the indicator value may reduce the volatility of the related markets.
18 June
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
18 June
No change of the indicator value may reduce the volatility of the related markets.
18 June
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
18 June
A decrease of the indicator value may contribute to the fall in quotes of USD.
18 June
Trump's tax bill can increase US budget deficit by $2.8 trillion
President Donald Trump's tax cut and increased government spending bill, despite its stimulative effect on US economic growth, will lead to a larger federal budget shortfall. According to estimates by the Congressional Budget Office, the deficit will grow by $2.8 trillion over a decade.
18 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.
