An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
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Dollar News (USD)
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No change of the indicator value may reduce the volatility of the related markets.
7 May
Declining US consumer activity forcing brands to shift their focus to Europe
Retailers and manufacturers are shifting their focus to the European market due to fears of a significant decline in consumer activity in the US. The Trump administration's imposition of 10% tariffs on all imported goods has already led to higher prices and lower consumer confidence in the US.
7 May
US trade deficit hits record high in March due to Trump's tariffs — Reuters
The US trade deficit widened to a record in March. The reason for this was the increase in imports of goods by businesses in anticipation of the introduction of large-scale tariffs by the President of the United States Donald Trump.
7 May
Fed may hold off on rate cuts as US economy remains strong
Traders expect the Federal Reserve (Fed) to cut interest rates at a slower pace this year, as the robust US economy allows policymakers to delay decisions before embarking on a more significant monetary easing in 2026.
7 May
According to Stephen Jen, CEO of Eurizon SLJ Capital, the dollar may face massive sales in the amount of $2.5 trillion due to Asian countries' willingness to reduce their dollar reserves.
7 May
US Senators Scott and Warren urge appointment of independent Fed’s inspector general
US Senators Rick Scott and Elizabeth Warren are urging the appointment of an independent watchdog at the Federal Reserve to keep a closer eye on its officials, according to Bloomberg.
7 May
Dollar holds steady ahead of Fed meeting — Reuters
According to Reuters, on Wednesday, the dollar remains stable ahead of the announcement of the Federal Reserve (Fed) on interest rates. Market participants expect to receive updated estimates of the national regulator's monetary policy within the current economic situation.
7 May
A decrease of the indicator value may contribute to the fall in quotes of USD.
6 May
An increase of the indicator value may contribute to the rise in quotes of USD.
6 May
A decrease of the indicator value may contribute to the fall in quotes of USD.
6 May
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.
