A decrease of the indicator value may contribute to the fall in quotes of USD.
5 September
Dollar News (USD)
Categories
No change of the indicator value may reduce the volatility of the related markets.
6 June
A decrease of the indicator value may contribute to the fall in quotes of USD.
6 June
Dollar loses ground amid weak US economic data
The dollar is heading for a weekly decline, pressured by negative signals from the American economy, Reuters reports. The situation is further exacerbated by a lack of progress in US trade talks with partners, despite the approaching deadline.
6 June
Lawrence Summers warns of Trump's tax policy risks for US economy
Former US Treasury Secretary Lawrence Summers has expressed concern about the consequences of the Trump administration's tax policy. He believes the increase in national debt jeopardizes the country's position as the world's largest economy.
6 June
On Thursday, BofA Global Research reiterated its bearish outlook on the US dollar. However, the bank's analysts acknowledged that this view is becoming increasingly widespread, which creates certain risks.
6 June
Billionaire Mike Novogratz recently highlighted the $36 trillion US national debt, predicting it could surpass $50 trillion within a decade. As a solution, he advocates investing in bitcoin.
6 June
Challenger, Gray & Christmas report showed layoffs in US rising to five-year record high
US employers have already cut 696,309 jobs this year, according to a report from Challenger, Gray & Christmas. That's the highest since 2020. The figure for May was 47% higher than data from the same period in 2024.
6 June
Atlanta Fed survey reports businesses' plan to pass 50% of tariff costs onto consumers
A survey by the Federal Reserve Bank of Atlanta reveals that US companies intend to pass on up to half of their tariff-related expenses to American consumers, who are still recovering from the pandemic-era inflation surge, Bloomberg reports.
6 June
According to analysts surveyed by Bloomberg, US nonfarm payroll employment growth likely slowed to 125,000 last month while remaining at a healthy level for the labor market. However, job creation estimates vary significantly among experts, ranging from 75,000 to 190,000.
6 June
A decrease of the indicator value may contribute to the fall in quotes of USD.
5 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.
