An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
11 September
Dollar News (USD)
Categories
Economic data confirms that American consumers are rushing to make big purchases ahead of upcoming import tariff hikes. In March, US retail sales jumped by 1.4%, marking the sharpest increase in two years, according to Bloomberg.
17 April
The dollar's recent slide to a six-month low is creating new opportunities for long-term investors. According to BNY Bank, investing in the US currency is gaining traction among institutional investors seeking to reduce hedges against its depreciation.
17 April
Powell says Fed maintains wait-and-see approach to monetary policy
US Federal Reserve Chair Jerome Powell claims the regulator is awaiting more economic data before adjusting interest rates. He also warns that Donald Trump’s tariff policies might push inflation and employment rates further from the central bank’s targets.
17 April
An increase of the indicator value may contribute to the rise in quotes of USD.
16 April
A decrease of the indicator value may contribute to the fall in quotes of USD.
16 April
A decrease of the indicator value may contribute to the fall in quotes of USD.
16 April
An increase of the indicator value may contribute to the rise in quotes of USD.
16 April
Scope warned of a possible US credit rating downgrade, pointing to risks that could undermine confidence in the dollar. These risks stem from the protracted trade conflict and concerns about US measures, such as capital controls, getting even more extreme under President Trump.
16 April
WSJ: US aims to strengthen dollar through isolating China in global trade
Washington is developing a strategy aimed at weakening China's position in global trade. This could help strengthen the dollar and reduce inflationary pressures in the US.
16 April
On Monday, US Treasury Secretary Scott Bessent confirmed the government's commitment to adhere to the country's “strong dollar” policy. As noted in Reuters, such a strategy has backed the exceptional role of the US currency in the global economy for many years.
16 April
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.
