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
Americans fear Trump’s import tariffs could accelerate inflation — CBS News poll
Most Americans believe the import tariffs imposed by President Donald Trump will likely drive up inflation in the short term while slowing the US economy, a CBS News survey reveals.
14 April
An increase of the indicator value may contribute to the rise in quotes of USD.
11 April
A decrease of the indicator value may contribute to the fall in quotes of USD.
11 April
Pia Orrenius from the Federal Reserve Bank of Dallas (Fed) warns that President Trump's immigration policies could severely hamper the country's economic growth. She believes arresting and deporting up to 450 people per day will reduce national GDP by 1% this year.
11 April
Fed's Collins says tariff boost could delay rate cuts
The President of the Federal Reserve Bank of Boston, Susan Collins, indicated that the central bank may continue to lower interest rates. However, she highlighted that growing inflation resulting from President Trump's tariff policies could potentially delay this decision.
11 April
On Friday, the Bloomberg Dollar Spot Index, which tracks the greenback's performance against major global currencies, dropped to a six-month low. The decline followed massive outflows from US assets amid escalating trade tensions between Washington and Beijing.
11 April
Chicago Fed President calls for wait-and-see approach to monetary policy
According to Chicago Fed President Austan Goolsbee, high levels of uncertainty sparked by aggressive US tariffs make the case for the regulator's wait-and-see approach to monetary policy.
11 April
An increase of the indicator value may contribute to the rise in quotes of USD.
10 April
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
10 April
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
10 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.
