Dollar News (USD)

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No change of the indicator value may reduce the volatility of the related markets.

29 July
United States. Real Consumer Spending. The value of the indicator has decreased from 4.2% to 4%

A decrease of the indicator value may contribute to the fall in quotes of USD.

27 March 2025
United States. GDP (QoQ). The value of the indicator has increased from 2.3% to 2.4%

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
Chicago Fed President sees slower pace of rate cuts due to US economic uncertainty
Head of St. Louis Fed: Trump’s tariffs may keep US inflation high

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
Head of St. Louis Fed: Trump’s tariffs may keep US inflation high
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
US could default on its national debt as early as August — Congressional Budget Office
United States. Atlanta Fed GDPNow. The value of the indicator remained at the same level of -1.8%

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
Dollar index declined 2.2% in March
Growing fears of tariffs pushed US consumer confidence to 4-year low

The US consumer confidence index dropped 7.2 points this month to 92.9, the lowest level in more than four years. American households are concerned about a possible recession and higher inflation triggered by various import tariffs, according to the Conference Board.

26 March 2025
Growing fears of tariffs pushed US consumer confidence to 4-year low
Dollar trimmed gains on market concerns over impact of import tariffs on US economy

As reported by Reuters, market concerns over the impact of Donald Trump's sweeping tariffs and a decline in the US consumer confidence index limited the greenback’s recent gains. The dollar index, which surged significantly between September and January, fell about 4% in the last quarter.

26 March 2025
Dollar trimmed gains on market concerns over impact of import tariffs on US economy
Yahoo Finance: official data and public opinion on US economy diverge

Despite Federal Reserve Chair Jerome Powell's optimism regarding the economy, even while acknowledging a slowdown in US GDP growth, Yahoo Finance analysts are highlighting a concerning discrepancy between polling data and economic indicators.

25 March 2025
Yahoo Finance: official data and public opinion on US economy diverge

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.