A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
18 December
Dollar News (USD)
Categories
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
At its most recent meeting, the Bank of Japan maintained the interest rate at 0.5%, citing continued uncertainty regarding the country's economic growth prospects. This decision was widely expected by market participants and stabilized the dollar-yen exchange rate, according to Investing.com.
18 June
US bank regulators to soften capital requirements — Bloomberg
US bank regulators plan to lower the enhanced supplementary leverage ratio (ESLR) to a range between 3.5% and 4.5% from the current level of 5%. ESLR ensures that lenders own enough capital to act as a back-up against riskier holdings.
18 June
US retail sales decline for second consecutive month — Bloomberg
According to data from the US Department of Commerce published on Tuesday, retail sales in the country declined for the second consecutive month in May. This is attributed to consumer concerns over President Donald Trump's tariffs and personal finances.
18 June
According to Bank of America's (BofA) latest survey of fund managers, foreign stocks will outperform US equities over the next five years. This reaffirms the widespread belief among investors that the US market's dominance is coming to an end.
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.
