A decrease of the indicator value may contribute to the fall in quotes of USD.
7 July
Dollar News (USD)
Categories
Fed may hold off on rate cuts as US economy remains strong
Traders expect the Federal Reserve (Fed) to cut interest rates at a slower pace this year, as the robust US economy allows policymakers to delay decisions before embarking on a more significant monetary easing in 2026.
7 May 2025
According to Stephen Jen, CEO of Eurizon SLJ Capital, the dollar may face massive sales in the amount of $2.5 trillion due to Asian countries' willingness to reduce their dollar reserves.
7 May 2025
US Senators Scott and Warren urge appointment of independent Fed’s inspector general
US Senators Rick Scott and Elizabeth Warren are urging the appointment of an independent watchdog at the Federal Reserve to keep a closer eye on its officials, according to Bloomberg.
7 May 2025
Dollar holds steady ahead of Fed meeting — Reuters
According to Reuters, on Wednesday, the dollar remains stable ahead of the announcement of the Federal Reserve (Fed) on interest rates. Market participants expect to receive updated estimates of the national regulator's monetary policy within the current economic situation.
7 May 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
6 May 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
6 May 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
6 May 2025
Financial leaders urge quick action on Trump’s trade initiatives — Bloomberg
US Treasury Secretary Scott Bessent laid out President Trump's trade policy to Wall Street representatives. Major investors, including executives from KKR, Citigroup, and Carlyle Group, have acknowledged the need for trade reforms and called for swift action.
6 May 2025
Apollo Global Management says trade chaos worsens US economic situation
Mark Rowan, the head of Apollo Global Management, has stated the potential risks that the current trade policy poses to the US economy. He believes that continued instability in tariff policy could lead to two consecutive quarters of negative economic growth.
6 May 2025
Scott Bessent predicts Trump's policies will strengthen US economy
At the Milken Institute Global Conference in Los Angeles, US Treasury Secretary Scott Bessent defended the President's economic policies. Bessent described Trump's approach as a comprehensive strategy designed to stimulate long-term investment in the American economy.
6 May 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.
