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
BlackRock's Larry Fink points out risks for dollar's prominence posed by bitcoin
BlackRock CEO Larry Fink, a well-known supporter of cryptocurrencies and other digital instruments, warned about a possible threat posed by the spread of bitcoin to the US currency.
1 April
John Williams, New York Federal Reserve President, says holding rates steady will allow the US central bank to assess incoming economic data and decide on the timing of rate adjustments.
1 April
Bloomberg survey shows lower forecasts for US economic growth this year
Economists have lowered their expectations for US economic growth this year, a Bloomberg survey showed. Analysts are predicting a reduction in consumer spending and a slowdown in capital investment.
31 March
Goldman Sachs predicts that the US Federal Reserve (Fed) will cut interest rates three times in 2025 as Donald Trump's import tariffs weigh on the country's economic growth.
31 March
US employers moderate hiring pace in March
According to a Bloomberg survey, job growth in the United States slowed in March. The number of new jobs decreased from 151,000 in February to 138,000 this month, marking the slowest quarterly growth in job vacancies since October.
31 March
A decrease of the indicator value may contribute to the fall in quotes of USD.
28 March
An increase of the indicator value may contribute to the rise in quotes of USD.
28 March
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
28 March
No change of the indicator value may reduce the volatility of the related markets.
28 March
No change of the indicator value may reduce the volatility of the related markets.
28 March
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.
