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
US could default on its national debt as early as August — Congressional Budget Office
The US risks defaulting on its debt in August or even earlier — by the end of May. This will happen if US lawmakers do not adopt measures to raise the nation's debt ceiling, according to the Congressional Budget Office.
27 March
No change of the indicator value may reduce the volatility of the related markets.
26 March
Dollar index declined 2.2% in March
According to Bloomberg, the US dollar is experiencing its worst month in over a year amid concerns over President Trump's tariff policy, disappointing economic data, and fading hopes for further stimulus.
26 March
The US consumer confidence index dropped 7.2 points this month to 92.9, the lowest level in more than four years. American households are concerned about a possible recession and higher inflation triggered by various import tariffs, according to the Conference Board.
26 March
Dollar trimmed gains on market concerns over impact of import tariffs on US economy
As reported by Reuters, market concerns over the impact of Donald Trump's sweeping tariffs and a decline in the US consumer confidence index limited the greenback’s recent gains. The dollar index, which surged significantly between September and January, fell about 4% in the last quarter.
26 March
Yahoo Finance: official data and public opinion on US economy diverge
Despite Federal Reserve Chair Jerome Powell's optimism regarding the economy, even while acknowledging a slowdown in US GDP growth, Yahoo Finance analysts are highlighting a concerning discrepancy between polling data and economic indicators.
25 March
Trump's economic adviser downplayed concerns about short-term impacts from increased tariffs
Senior Economic Advisor to the President of the United States, Stephen Miran, who heads the White House Council of Economic Advisers, expressed the opinion that the short-term impact of tariff increases on the US economy is insignificant.
25 March
Rising Material costs drag down US manufacturing in March
US manufacturing output declined in March as material costs rose following new import tariffs imposed by the administration. The S&P Global US Manufacturing PMI fell by nearly 3 points in March to 49.8, retreating from its highest level since mid-2022.
25 March
The dollar strengthened on strong US services data and investors’ cautious optimism over US import tariffs. Donald Trump stated not all of the discussed duties will be imposed on April 2 and some countries may get breaks.
25 March
Head of Atlanta Fed forecasts one interest rate cut this year
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, currently projects just one interest rate reduction in 2025. Elevated import tariffs imposed by the US on key trading partners are impeding progress toward lower inflation.
25 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.
