A decrease of the indicator value may contribute to the fall in quotes of USD.
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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
Scope warned of a possible US credit rating downgrade, pointing to risks that could undermine confidence in the dollar. These risks stem from the protracted trade conflict and concerns about US measures, such as capital controls, getting even more extreme under President Trump.
16 April 2025
WSJ: US aims to strengthen dollar through isolating China in global trade
Washington is developing a strategy aimed at weakening China's position in global trade. This could help strengthen the dollar and reduce inflationary pressures in the US.
16 April 2025
On Monday, US Treasury Secretary Scott Bessent confirmed the government's commitment to adhere to the country's “strong dollar” policy. As noted in Reuters, such a strategy has backed the exceptional role of the US currency in the global economy for many years.
16 April 2025
Fitch Ratings: US corporations still vulnerable to retaliatory trade measures
Despite a recent pause in tariff escalation, American credit agency Fitch Ratings warned on Tuesday that the US corporate sector remains vulnerable to retaliatory actions from trading partners.
16 April 2025
Concerns about rising unemployment among US citizens have reached levels not seen since the COVID-19 pandemic, according to a recent survey by the Federal Reserve Bank (Fed) of New York. The number of respondents expecting the unemployment rate to rise over the next year jumped 4.6% to 44% in March.
15 April 2025
White House proposes significant cuts to US State Department budget
President Donald Trump's administration is looking to cut the US State Department's budget nearly in half. An internal document reviewed by the Washington Post reveals a proposal to allocate $28.4 billion.
15 April 2025
Trump's tariff policy comes under fire from former US Treasury Secretary
Janet Yellen, former US Treasury Secretary, has labeled President Donald Trump's tariffs as unreasonable. She described the new administration's trade policy as lacking clarity, suggesting that the American leader's actions are contributing to rising global economic tensions.
15 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.
