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
Fed's Kugler: US inflation more affected by tariffs than economic growth
Adriana Kugler, a member of the Federal Reserve's Board of Governors, stated that President Trump's tariffs currently pose a greater risk to US inflation than to economic growth. A rush by US consumers to purchase goods before tariffs take effect could temporarily boost
8 April
Such safe-havens as the Swiss franc and the yen are holding near six-month highs on Tuesday. Meanwhile, the dollar is facing broad losses due to rising market concern over a recession in the US caused by sweeping import tariffs.
8 April
Fed's Goolsbee: Trump's rising tariffs fuel US economic strains
Federal Reserve Bank of Chicago (Fed) President Austan Goolsbee is expressing concern about economic tensions arising from a possible escalation of import duties. Global markets experienced a downturn after US President Donald Trump announced a series of sweeping tariffs last week.
8 April
An increase of the indicator value may contribute to the rise in quotes of USD.
7 April
Traders are predicting five interest rate cuts by the Federal Reserve (Fed) before the end of the year, Bloomberg reports. Such expectations have been formed due to the aggressive tariff measures introduced by the Trump administration.
7 April
Goldman Sachs boosts US recession risk on new tariff wave
Goldman Sachs now expects the US GDP to rise only 0.5% in the period from the fourth quarter of 2024 to the fourth quarter of 2025. Besides, the analysts raised the probability of a 12-month recession in the country from 35% to 45%.
7 April
US Treasury Secretary downplays threat of recession in America — CNBC
US Treasury Secretary Scott Bessant downplayed concerns about a recession and market fluctuations, asserting that President Donald Trump's policies are strengthening the nation's long-term economic outlook.
7 April
Overall US inflation probably slowed slightly last month. The US Bureau of Labor Statistics is forecasting that the nation's consumer price index rose 0.1% in March. That would be the smallest increase since July.
7 April
An increase of the indicator value may contribute to the fall in quotes of USD.
4 April
An increase of the indicator value may contribute to the rise in quotes of USD.
4 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.
