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
Economists polled by Bloomberg forecast the consumer price index to grow 0.1% from February, its smallest monthly increase in eight months. The core inflation is seen rising 0.3% on a monthly basis in March.
10 April
Minutes of Fed's March meeting indicate its wait-and-see approach
The minutes of the Federal Reserve's (Fed) March meeting were published yesterday. The US central bank is likely to take a wait-and-see approach amid global uncertainty, Reuters says.
10 April
Goldman Sachs downgrades US recession risk following Trump tariff pause announcement
Goldman Sachs economists have rescinded their US recession forecast following President Trump's announcement of a 90-day pause on most new tariffs. However, citing persistent uncertainties, the bank maintained an elevated 45% probability of economic recession within the year.
10 April
As Bloomberg notes, Federal Reserve (Fed) officials are ready to keep the key interest rate at a stable level to minimize inflationary risks associated with import tariffs. The regulator prefers not to ease policy even in the face of a slowing labor market.
10 April
An increase of the indicator value may contribute to the rise in quotes of USD.
9 April
Probability of US recession has sharply increased — JPMorgan Chase assessment
Experts at JPMorgan Chase, analyzing market indicators, have observed a sharp rise in the probability of a recession in the United States, now nearing 80%.
9 April
According to Bloomberg, US small-business owners' optimism fell sharply in March, marking the biggest decline since mid-2022. The decline reflects concerns about economic conditions and sales volumes.
9 April
In the current global environment, PineBridge Investments expert Omar Slim prefers to hold cash instead of buying US Treasury bonds due to Donald Trump's tough tariff policies.
9 April
Dollar drops versus yen amid growing trade tensions
The dollar lost ground against the yen on Wednesday. The potential introduction of 104% import tariffs on China by the US administration has unsettled global stock markets. The US President has shown no intention of abandoning plans to raise duties by an additional 50% on Chinese imports.
9 April
Trump's tariff policy to boost US inflation — JPMorgan Chase CEO
Jamie Dimon, CEO of JPMorgan Chase, analyzed the economic situation and expressed concern over the US President's new tariff policy. He estimated that the imposed duties will inevitably lead to an increase in both imported and local goods prices, putting more pressure on a slowing US economy.
8 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.
