Top Forex News

Live Forex news from all over the world.

    Archives

US Dollar USD

 

Detailed information and fundamental factors

Central Bank: Federal Reserve System

Public Debt to GDP Ratio, 2016: 73.8%

Trade Balance, 2016: -$734 bln.

Inflation, 2016: 1.3%

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

US Dollar Rallies Briefly Against Peers on Upbeat US Inflation Data

The US dollar today rallied briefly against a basket of its peers as tracked by the US Dollar Index, after the release of strong US inflation data. The greenback’s rally was negatively affected by the weak retail sales data for December released early in the American session.

Dollar Soft Ahead of Inflation Data Released on Wednesday

The US dollar retreated versus its most-traded peers today as market participants were waiting for Wednesday’s important economic reports from the United States, including inflation data. Information about growth of consumer prices can affect the pace of monetary tightening by the Federal Reserve.

US Dollar Climbs Against Major Peers on Broad Job Gains in January

After spending most of the day trading sideways, the US dollar quickly climbed higher against most of its major peers on Friday following the latest update to jobs gain. Broad gains in the private sector and a record low unemployment rate provided the greenback with enough lift to break away from stale trading to erase most of the losses it had suffered yesterday.

US Dollar Plummets As Anticipation Builds Up for Interest Rate Decision

The US dollar plummeted against the euro to reach its lowest level in four days as traders held their positions while they wait to see the outcome of the Federal Open Market Committee‘s meeting. The greenback also weakened versus the British pound today following a strong reading for UK consumer credit in December, which overshadowed worries about the future of the Brexit negotiations.

Dollar Remains Extremely Vulnerable, Falls vs. Major Rivals Over Week

The theme of a weak US dollar continued to dominate the Forex market this week as the currency remained vulnerable due to a range of factors.

US Dollar Weakens Against Euro As Q4 Economic Growth Disappoint Estimates

The US dollar weakened against the euro on Friday in the wake of a disappointing reading for gross domestic product growth in the fourth quarter of 2017. The greenback failed to find support despite a positive upturn in durable goods orders and a strong overall economic performance in 2017.

USD Slumps as Mnuchin Talks About Benefits of Weaker Currency

The US dollar slumped against all other major currencies today following the remarks from US Treasury Secretary Steven Mnuchin, who talked about benefits of weaker currency.

Dollar Gains After US Government Reopens

The US dollar gained against the vast majority of most-traded currencies (with the exception of the Japanese yen) after the news that the US government is going to reopen.

US Dollar Rises Against Euro on Higher Expectations That ECB Will Maintain Stimulus

The US dollar took a minor step away from the lowest level in three years against the euro following modest gains on Tuesday amid expectations that monetary stimulus in Europe will be maintained. The greenback also rose against the British pound as it largely ignored a report that revealed weaker manufacturing activity in the New York region.

US Dollar Retreats as Economic Data Reveals Signs of Lagging Inflation

The US dollar declined against the euro on Thursday following economic data in the United States that showed a small drop in prices at factory gates, which is an important indicator of inflation. The greenback also retreated against the British pound, despite the lack of positive releases in the United Kingdom today.

Navigation

Menu