A decrease of the indicator value may contribute to the fall in quotes of USD.
7 July
Dollar News (USD)
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An increase of the indicator value may contribute to the rise in quotes of USD.
18 March 2025
A decrease of the indicator value may contribute to the fall in quotes of USD.
18 March 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
18 March 2025
The Organization for Economic Cooperation and Development (OECD) warns that US President Donald Trump’s tariff policy may lead to slower GDP growth rates in the US, Canada and Mexico, as well as contribute to the acceleration of inflation in these countries.
18 March 2025
The Federal Reserve Bank of Philadelphia data shows that the state of the US labor market is deteriorating. The share of American employees moving directly from one job to another without a temporary period of unemployment has fallen down to a 4-year low.
18 March 2025
US retail sales rose 0.2% in February
US retail sales increased by 0.2% in February. Economists surveyed by Reuters had anticipated a 0.6% rise, following a previously reported decline of 0.9% in January. On an annualized basis, the figure surged by 3.1%.
18 March 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
17 March 2025
An increase of the indicator value may contribute to the rise in quotes of USD.
17 March 2025
A recent survey of consumers conducted by the University of Michigan showed an increase in pessimistic sentiment among US consumers to the levels last seen in November 2022. High tariffs, imposed under Donald Trump's administration, have been pressuring the economy and caused growing concerns.
17 March 2025
US Senate passes stopgap funding bill to avert government shutdown
Reuters reports that the US Senate passed a bill on funding the federal government through September 30 on Friday, averting a shutdown. The bill will reduce spending by about $7 billion from last year's levels.
17 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.
