No change of the indicator value may reduce the volatility of the related markets.
29 July
Dollar News (USD)
Categories
Chicago Fed President calls for wait-and-see approach to monetary policy
According to Chicago Fed President Austan Goolsbee, high levels of uncertainty sparked by aggressive US tariffs make the case for the regulator's wait-and-see approach to monetary policy.
11 April 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
10 April 2025
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
10 April 2025
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
10 April 2025
Economists polled by Bloomberg forecast the consumer price index to grow 0.1% from February, its smallest monthly increase in eight months. The core inflation is seen rising 0.3% on a monthly basis in March.
10 April 2025
Minutes of Fed's March meeting indicate its wait-and-see approach
The minutes of the Federal Reserve's (Fed) March meeting were published yesterday. The US central bank is likely to take a wait-and-see approach amid global uncertainty, Reuters says.
10 April 2025
Goldman Sachs downgrades US recession risk following Trump tariff pause announcement
Goldman Sachs economists have rescinded their US recession forecast following President Trump's announcement of a 90-day pause on most new tariffs. However, citing persistent uncertainties, the bank maintained an elevated 45% probability of economic recession within the year.
10 April 2025
As Bloomberg notes, Federal Reserve (Fed) officials are ready to keep the key interest rate at a stable level to minimize inflationary risks associated with import tariffs. The regulator prefers not to ease policy even in the face of a slowing labor market.
10 April 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
9 April 2025
Probability of US recession has sharply increased — JPMorgan Chase assessment
Experts at JPMorgan Chase, analyzing market indicators, have observed a sharp rise in the probability of a recession in the United States, now nearing 80%.
9 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.
