An increase of the indicator value may contribute to the rise in quotes of USD.
1 hour ago
Dollar News (USD)
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Dallas Fed warns of weakening economic outlook in Texas
The Federal Reserve Bank of Dallas has issued a warning about a significant decline in Texas's economic outlook. As the largest trading state in the US, Texas is grappling with concerns stemming from Trump’s tariff policies, which have caused businesses to worry about rising production costs.
4 April 2025
After Donald Trump's announcement of new tariffs, Bloomberg conducted a poll among 54 analysts on April 2–3. An overwhelming majority (about 92%) believe that the new measures of the US administration increase the risks for economic growth in the country in the next 12 months.
4 April 2025
Traders take stock of Trump's new tariffs ahead of US jobs report release
The dollar is struggling to regain its ground as traders assess the impact of US President Donald Trump's new tariffs. Besides, the market is awaiting the release of a monthly US job report.
4 April 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
3 April 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
3 April 2025
Lawrence Summers warns of negative impact of Trump's tariff policy on US economy
Lawrence Summers, former US Treasury Secretary, criticized new tariff hikes by the Trump administration and called the measures destructive for the economy. He believes they will disrupt supply chains and boost consumer prices.
3 April 2025
According to Bloomberg, Wall Street traders were shocked by the US President's decision to impose tariffs with a minimum rate of 10% for all of America's trading partners. Strategists and money managers are now examining all the details of the new import duties.
3 April 2025
New US import duties make it more difficult for Fed to decide on interest rates
According to economists interviewed by Bloomberg, a new package of aggressive tariffs on US imports will significantly complicate the work of the Federal Reserve (Fed) as it tries to curb inflation and avoid economic slowdown.
3 April 2025
The dollar fell significantly after US President Donald Trump announced the imposition of more aggressive than expected duties on the country's trading partners. The claims made investors turn to safe havens, such as the franc and the yen.
3 April 2025
The number of jobs available in the United States fell in February to 7.57 million, compared with an estimate of 7.66 million. The decline was due to a decrease in job openings in the retail, financial, and service sectors.
2 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.
