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A decrease of the indicator value may contribute to the fall in quotes of USD.

7 July
United States. Industrial Production (MoM). The value of the indicator has decreased from 0.1% to -0.2%

A decrease of the indicator value may contribute to the fall in quotes of USD.

17 June 2025
United States. Retail Sales (MoM). The value of the indicator has decreased from -0.1% to -0.9%

A decrease of the indicator value may contribute to the fall in quotes of USD.

17 June 2025
Strengthening global role of euro requires decisive action — ECB head

President of the European Central Bank (ECB) Christine Lagarde has called on policymakers to seize the moment and strengthen the global role of the euro, as US President Donald Trump’s trade policies undermine confidence in the dollar.

17 June 2025
Strengthening global role of euro requires decisive action — ECB head
WGC poll reveals global central banks expect to replenish their gold reserves within next five years

Global central banks expect their gold reserves to increase and their dollar holdings to decline over the next five years, according to a World Gold Council (WGC) survey.

17 June 2025
WGC poll reveals global central banks expect to replenish their gold reserves within next five years
Barclays expects US Fed to take cautious approach on rates despite May inflation data

Favorable US inflation data for May raised expectations that the Federal Reserve (Fed) would ease its stance on monetary policy. However, Barclays analysts do not believe last month's statistics are enough to prompt the US regulator to cut interest rates.

17 June 2025
Barclays expects US Fed to take cautious approach on rates despite May inflation data
New York State manufacturing activity fell in June — Bloomberg

According to data released Monday, factory activity in New York State declined more sharply than expected this month. Orders and shipments dropped the most significantly, Bloomberg reported.

17 June 2025
New York State manufacturing activity fell in June — Bloomberg
Ryan Sweet of Oxford Economics: Israel-Iran conflict could accelerate Fed rate cuts

Ryan Sweet of Oxford Economics believes that a prolonged conflict between Israel and Iran could push the US Federal Reserve (Fed) to cut rates earlier than expected.

17 June 2025
Ryan Sweet of Oxford Economics: Israel-Iran conflict could accelerate Fed rate cuts
US Bank highlights declining dollar popularity among importers and exporters

US Bank reports that importers are increasingly reluctant to accept payments in dollars. Many companies now convert greenbacks into euros, yuan, or Mexican pesos to hedge against further volatility in the American currency.

17 June 2025
US Bank highlights declining dollar popularity among importers and exporters
US consumer sentiment rises to its highest as inflation expectations decline

In June, the US consumer sentiment index surged 8.3 points to 60.5, the steepest since the beginning of the year, according to the University of Michigan. The rise was driven by eased concerns over the economic situation and short-term inflation expectations falling to their lowest in two decades.

16 June 2025
US consumer sentiment rises to its highest as inflation expectations decline
BCA Research strategists forecast short-term dollar rebound

Although BCA Research analysts anticipate a near-term dollar recovery, they maintain cautious long-term expectations due to potential payment imbalances and waning US economic exceptionalism.

16 June 2025
BCA Research strategists forecast short-term dollar rebound

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.