No change of the indicator value may reduce the volatility of the related markets.
29 July
Dollar News (USD)
Categories
Trump's economic adviser downplayed concerns about short-term impacts from increased tariffs
Senior Economic Advisor to the President of the United States, Stephen Miran, who heads the White House Council of Economic Advisers, expressed the opinion that the short-term impact of tariff increases on the US economy is insignificant.
25 March 2025
Rising Material costs drag down US manufacturing in March
US manufacturing output declined in March as material costs rose following new import tariffs imposed by the administration. The S&P Global US Manufacturing PMI fell by nearly 3 points in March to 49.8, retreating from its highest level since mid-2022.
25 March 2025
The dollar strengthened on strong US services data and investors’ cautious optimism over US import tariffs. Donald Trump stated not all of the discussed duties will be imposed on April 2 and some countries may get breaks.
25 March 2025
Head of Atlanta Fed forecasts one interest rate cut this year
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, currently projects just one interest rate reduction in 2025. Elevated import tariffs imposed by the US on key trading partners are impeding progress toward lower inflation.
25 March 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
24 March 2025
US inflation remains at levels that concern Federal Reserve (Fed) officials. At the same time, President Donald Trump's administration continues to impose import tariffs, which could support high price pressures.
24 March 2025
Bloomberg: US economic data adds to concerns about slowdown in country's GDP growth
Updated US economic data is conflicting. Market participants are debating whether growing concerns over President Donald Trump's trade policies will lead to a slowdown in GDP growth in the United States. This is reported by Bloomberg.
24 March 2025
The US central bank's current monetary policy course has been correctly chosen, said John Williams, president of the Federal Reserve Bank of New York. According to him, at the moment there is no urgent need to make changes in interest rates.
24 March 2025
The US Federal Reserve's (Fed) decision to lower the pace of its balance sheet unwind has led some Wall Street strategists to revise their forecasts for the end of the quantitative tightening program.
21 March 2025
Number of jobless claims filed by US federal workers decreased last week compared to week before
According to the US Department of Labor, 821 initial claims for unemployment benefits were submitted nationwide by federal employees for the week ended March 15. By comparison, the previous week's number was 1,066.
21 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.
