An increase of the indicator value may contribute to the rise in quotes of USD.
2 February
Dollar News (USD)
Categories
Trump could fire Fed Chair Powell over disagreement with his monetary decisions
US President Donald Trump outlined the possibility of firing the Federal Reserve (Fed) Chairman Jerome Powell over disagreement with his decisions regarding interest rates. Some members of the administration, however, advised the president to show restraint in this matter.
18 April 2025
No change of the indicator value may reduce the volatility of the related markets.
17 April 2025
BlueBay sells dollars as US exceptionalism fades away
RBC BlueBay Asset Management is betting on falling US exceptionalism as Donald Trump's trade policies threaten to undermine credibility and confidence in the greenback. The regulator went short on the American dollar, expressing concerns that the President’s tariffs appear ill-conceived.
17 April 2025
Economic data confirms that American consumers are rushing to make big purchases ahead of upcoming import tariff hikes. In March, US retail sales jumped by 1.4%, marking the sharpest increase in two years, according to Bloomberg.
17 April 2025
The dollar's recent slide to a six-month low is creating new opportunities for long-term investors. According to BNY Bank, investing in the US currency is gaining traction among institutional investors seeking to reduce hedges against its depreciation.
17 April 2025
Powell says Fed maintains wait-and-see approach to monetary policy
US Federal Reserve Chair Jerome Powell claims the regulator is awaiting more economic data before adjusting interest rates. He also warns that Donald Trump’s tariff policies might push inflation and employment rates further from the central bank’s targets.
17 April 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
16 April 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
16 April 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
16 April 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
16 April 2025
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.
