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US Dollar USD

 

Detailed information and fundamental factors

Central Bank: Federal Reserve System

Public Debt to GDP Ratio, 2015: 73.6%

Trade Balance, 2015: -$749 bln.

Inflation, 2015: 0.2%

Sovereign Credit Ratings:

Fitch
AAA
Stable
Moody's
Aaa
Stable
S&P
AA+
Stable

Supporting Factors

Global reserve currency

strong

International trade currency

strong

World's strongest economy

strong

Safe haven currency

weak

Factors of Weakness

Huge public debt

strong

Negative trade balance

medium

The US dollar is the currency of the United States of America. Introduced back in 1792 it has a long history of being strong medium of exchange. The currency is widely used in global international trade, as the reserve currency and is officially used in several countries besides the United States. The US dollar is also sometimes referred as greenback or simply the American dollar.



US Dollar News Archive

Dollar Ends Week Soft as Fed Stays Passive

The US dollar was hurt by the monetary policy decision of the Federal Reserve, ending the week relatively soft. Yet there were even weaker currencies — the Great Britain pound and the New Zealand dollar, which suffered from the monetary policy outlook.

Dollar Trades Little Lower on Monday

The US dollar traded with small losses on Monday ahead of the two-day policy meeting scheduled by the Federal Reserve this week. Speculations about possible actions of the US central bank remain an important factor for determining moves of the greenback.

Dollar Strong After Inflation Beats Expectations

The US dollar was strong against its major rivals today as the inflation reading beat expectations, adding fuel to speculations about eventual interest rate hike from the Federal Reserve.

Dollar Rebounds After Monday’s Decline

The US dollar climbed against the vast majority of its most-traded peers (with the exception of the surprisingly strong euro) following yesterday’s drop caused by comments from US policy makers.

Dollar Goes Lower After Brainard Speaks

The US dollar was weak across the board after the speech from Governor Lael Brainard as well as speeches of the members of the Federal Reserve.

Greenback Trades Mixed Ahead of Brainard Speech

Later today, Lael Brainard, one of the policymakers at the Federal Reserve, is expected to make remarks. As a result of speculation over what he might say, the US dollar is trading mixed today.

Dollar Strong Against Rivals After Rosengren Talks About Tightening

The US dollar was firm across the board as Eric Rosengren, Boston Fed President, added to the choir of policy makers speaking in favor of continuing monetary tightening.

US Dollar Drops on Fading Rate Hike Expectations

Once again, the US dollar’s performance is being tied to rate hike speculation. With concerns about what the ISM non-manufacturing composite will show, the greenback is heading lower as rate hike expectations fade. The dollar index is dropping as traders and analysts re-think speculation about when to expect the Federal Reserve to take action again.

US Dollar Ends Week Mixed as NFP Muddles Fed Outlook

The US dollar ended the trading week mixed as the outlook for Federal Reserve’s monetary policy was clouded by surprisingly weak employment growth.

Dollar Bounces After Dropping on NFP

The US dollar recovered from earlier losses that followed disappointing non-farm payrolls. The bounce was a result of persisting speculations about the possibility of an interest rate hike this year.

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