Dollar News (USD)

After Friday's concerns about Trump's plan to impose 50% tariffs on Europe as early as June 1, markets found a relief at the beginning of this week when the US President announced a pause in the introduction of these measures until July 9. As a result, the US dollar declined, Bloomberg says.

As Bloomberg reports, the Federal Reserve (Fed) is optimistic about the lack of a significant increase in official inflation data. The monetary authority intends to keep interest rates unchanged until the impact of trade policies on the US economy becomes clearer.

After Moody's downgraded the United States' credit rating, the central bank of the Philippines said it may consider reducing its holdings of US Treasury bonds. This was announced by the regulator's governor Eli Remolona.

Bank of America (BofA) Securities reports that discussions of potential currency agreements have become a key market focus. Meanwhile, US fiscal policy no longer provides the same level of support for the dollar.

According to a spokesman for the European Commission, the European Union's trade chief Maros Sefcovic is planning to hold a telephone conversation with his American counterpart, Jamieson Greer, today.

This month, US business activity and consumer sentiment figure showed growth. The improvement was driven by easing concerns over ongoing trade tensions and tariff-related price pressures in the country.

The US central bank could ease monetary conditions in the second half of 2025 if the Trump administration's tariffs on key trading partners stabilize at around 10%. This point of view was shared by Federal Reserve Governor Christopher Waller

An increase of the indicator value may contribute to the rise in quotes of USD.

The US stock index stabilized on Thursday, May 22nd, after falling during the previous trading session, when Treasury bond yields surged. At that moment, investors' fears that President Donald Trump's tax and spending bill would boost the national debt rose sharply.

According to The Washington Post, House Republicans worked late into the night to advance President Donald Trump’s sweeping tax and immigration bill. Mike Johnson struck a last-minute deal with diverse factions of the US Republican Party, securing enough votes to overcome a procedural hurdle.