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
As reported by Reuters, several major banks and independent analysts forecast a slowdown or even suspension of the US Federal Reserve's (Fed) balance sheet reduction following the regulator's meeting this week.
19 March
Bloomberg: markets focus on Powell’s remarks and Fed’s decision to hold rates steady
Bloomberg analysts anticipate that the US Federal Reserve (Fed) will maintain its benchmark interest rate at 4.25–4.50%. Policymakers are expected to proceed cautiously amid ongoing uncertainty surrounding President Trump’s trade policies.
19 March
US factory production increased in February due to rise in auto output
According to the Fed, the February increase in manufacturing output was driven by a rise in auto output. Due to the 25% tariffs on products from Canada and Mexico, US companies have ramped up vehicle production to its highest levels. This has resulted in an increase in inventories.
19 March
An increase of the indicator value may contribute to the rise in quotes of USD.
18 March
A decrease of the indicator value may contribute to the fall in quotes of USD.
18 March
An increase of the indicator value may contribute to the rise in quotes of USD.
18 March
The Organization for Economic Cooperation and Development (OECD) warns that US President Donald Trump’s tariff policy may lead to slower GDP growth rates in the US, Canada and Mexico, as well as contribute to the acceleration of inflation in these countries.
18 March
The Federal Reserve Bank of Philadelphia data shows that the state of the US labor market is deteriorating. The share of American employees moving directly from one job to another without a temporary period of unemployment has fallen down to a 4-year low.
18 March
US retail sales rose 0.2% in February
US retail sales increased by 0.2% in February. Economists surveyed by Reuters had anticipated a 0.6% rise, following a previously reported decline of 0.9% in January. On an annualized basis, the figure surged by 3.1%.
18 March
An increase of the indicator value may contribute to the rise in quotes of USD.
17 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.
