A decrease of the indicator value may contribute to the fall in quotes of USD.
7 July
Dollar News (USD)
Categories
Boston Fed head expects inflation to rise under Trump’s import tariffs
US President Donald Trump's import tariffs will inevitably raise the country's inflation rate in the near future, according to Federal Reserve Bank of Boston President Susan Collins. This outlook may justify keeping interest rates unchanged for a longer period.
28 March 2025
The US Federal Reserve's (Fed) withdrawal from its time-tested liquidity support mechanisms could pose the greatest threat to the dollar’s reserve currency status since the mid-20th century, according to Deutsche Bank economists.
28 March 2025
Dollar heads for quarterly loss on concerns over US import tariffs
The dollar is currently heading for a steady week, while losing ground in quarterly terms. Lingering concerns about import tariffs slowing the American economy pushed down US yields and the currency, according to Reuters.
28 March 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
27 March 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
27 March 2025
Chicago Fed President sees slower pace of rate cuts due to US economic uncertainty
According to the president of the Federal Reserve Bank of Chicago Austan Goolsbee, the US interest rate will be slightly lower in 12–18 months. The official does not expect the cost of borrowing to drop soon due to US economic uncertainty.
27 March 2025
The risk of inflation remaining above the US central bank’s 2% target, or even accelerating, has risen following new US tariffs on imports for major trading partners. This could intensify domestic price pressures, according to Federal Reserve Bank of St. Louis President Alberto Musalem.
27 March 2025
US could default on its national debt as early as August — Congressional Budget Office
The US risks defaulting on its debt in August or even earlier — by the end of May. This will happen if US lawmakers do not adopt measures to raise the nation's debt ceiling, according to the Congressional Budget Office.
27 March 2025
No change of the indicator value may reduce the volatility of the related markets.
26 March 2025
Dollar index declined 2.2% in March
According to Bloomberg, the US dollar is experiencing its worst month in over a year amid concerns over President Trump's tariff policy, disappointing economic data, and fading hopes for further stimulus.
26 March 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.
