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
An increase of the indicator value may contribute to the rise in quotes of USD.
17 March
A recent survey of consumers conducted by the University of Michigan showed an increase in pessimistic sentiment among US consumers to the levels last seen in November 2022. High tariffs, imposed under Donald Trump's administration, have been pressuring the economy and caused growing concerns.
17 March
US Senate passes stopgap funding bill to avert government shutdown
Reuters reports that the US Senate passed a bill on funding the federal government through September 30 on Friday, averting a shutdown. The bill will reduce spending by about $7 billion from last year's levels.
17 March
In a recent interview with NBC, Treasury Secretary Scott Bessent commented on new US President Donald Trump's policies and outlined the country's economic outlook. From his point of view, the probability of the United States slipping into a recession cannot be completely ruled out.
17 March
Reuters: volatility in the US market continues to pressure the dollar
As reported by Reuters, the US dollar remains near a five-month low, pressured by President Donald Trump's tariff policies and weak US economic data. America's market position is weakening due to the resulting uncertainty.
17 March
An increase of the indicator value may contribute to the rise in quotes of USD.
14 March
The US producer price index remained unchanged from January's figure
In February, wholesale inflation in the US halted its growth, influenced by a sharp decline in company profit margins. According to the Bureau of Labor Statistics, the Producer Price Index (PPI) was unchanged from January's 0.6% reading.
14 March
Trump and Senate Republicans haven't settled on solution to US debt ceiling problem
US President Donald Trump and representatives of the Republican Party in the Senate are still working to find a solution to the problem of the US national debt approaching the legally mandated limit. However, no decision has been made.
14 March
Dollar rises amid lower risk of US government shutdown
According to Bloomberg, the US Congress is likely to pass a temporary funding bill, which will help avoid a shutdown of the country's government. The news caused a change of sentiment in the markets after the decline in US stocks throughout the week.
14 March
Morgan Stanley believes the possibility of the US federal government shutting down, weaker country's economy and rising value of foreign assets will contribute to the dollar decline ahead of the imposition of import duties by Donald Trump on April 2.
14 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.
