A decrease of the indicator value may contribute to the fall in quotes of USD.
7 July
Dollar News (USD)
Categories
The US dollar, already weakened by tariff uncertainty and recession fears, is likely to continue falling, according to Goldman Sachs chief economist Jan Hatzius.
25 April 2025
European firms reassess their expansion into US market
Donald Trump’s inconsistent tariff policies have led small European companies to question the feasibility of expanding into American markets.
25 April 2025
Fed’s Waller allows for rate cuts if labor market conditions worsen
Christopher Waller, member of the Board of Governors of the Federal Reserve System, warned of possible job cuts in case of reintroduction of Trump’s administration tariff policy. He expressed readiness to support the reduction of interest rates if the unemployment rate shows a significant increase.
25 April 2025
Trump signs executive order promoting deep-sea mining of copper and other minerals
President Donald Trump signed an executive order aimed at developing deep-sea mining in the United States. This initiative seeks to expand mining operations in both US and international waters, in response to China's increasing dominance in this critical industry.
25 April 2025
Since Donald Trump's inauguration, the dollar has lost about a tenth of its value. The downtrend is largely driven by unpredictable policies of the US President. The dollar's status as the world's reserve currency was shaken. The euro may benefit from this, Reuters experts believe.
25 April 2025
Bank of England governor says fears of weakening dollar dominance exaggerated
Andrew Bailey, the head of the Bank of England, considers fears about the dollar losing its status as a reserve asset exaggerated. According to Bloomberg, the spread of such negative opinions about the US currency was caused by a drop in its rate and the price of US Treasury bonds.
25 April 2025
This week's events triggered sharp fluctuations of the dollar. Despite high volatility, the American currency still managed to snap a four-week losing run and gained a total of 0.27% this week, according to Reuters.
25 April 2025
Reuters: tariff uncertainty could weaken US labor market this year
Last week, the number of Americans filing new applications for unemployment benefits increased just slightly. However, according to Reuters, these dynamics alone are not an indisputable sign of stability in the labor market.
25 April 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
24 April 2025
Weaker dollar raises concerns about US and European corporate earnings
The US dollar's decline is negatively impacting the profitability of European companies in the Stoxx 600 index, as 60% of their sales come from abroad.
24 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.
