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US Dollar USD

 

Detailed information and fundamental factors

Central Bank: Federal Reserve System

Interest Rate: 2.25% — 2.50%

Public Debt to GDP Ratio, 2017: 77.4%

Trade Balance, 2017: -$776 bln.

Inflation, 2017: 2.1%

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

Negative current account balance

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 Surges on Strong Retail Sales, Jobless Claims

The US dollar posted gains against some of its most traded currency rivals on Thursday, buoyed by strong data supporting claims that the US economy is doing rather well. This comes as the nation keeps all its eyes on the findings from special counsel Robert Mueller’s two-year investigation into collusion between President Donald Trump and Russia.

US Dollar Mixed on Weak Industrial Output, Lower Trade Deficit

The US dollar is mixed against a basket of currencies midweek as the buck finds direction on the latest release of key economic data. Investors are combing through industrial production numbers, trade deficit data, and the national mortgage market that could provide insight into the real estate industry.

USD/JPY Reached the 112 Target

The US dollar versus Japanese yen managed to use the 110 area as a support and jump to 112, opening new possibilities.

AUD/USD Trying to Make Important Changes

The Australian dollar versus the US dollar got to an area that surprises the bears, which were convinced that they have the market on their side.

US Dollar Mixed on Lower Jobless Benefits, Fed Uncertainty

The US dollar is trading mixed against some of its major currency rivals on Thursday as an influx of data is weighing on the greenback. With uncertainty surrounding the Federal Reserve, the market is unclear how to trade the buck in the short- to medium-term. But investors are snapping up billions in long-term bonds, signaling a bullish sentiment in the US economy.

US Dollar Ends Wednesday Soft Despite CPI, FOMC Minutes

The US dollar ended Wednesday’s trading week in red basically across the board. That is surprising considering that domestic fundamentals look positive for the US currency.

US Dollar Forecast for Week of April 8-12

The US dollar ended the past trading week relatively flat. What factors will drive the US dollar over the current week and what traders can expect from the greenback?

US Dollar Volatile After Nonfarm Payrolls

The US dollar demonstrated extremely volatile reaction to nonfarm payrolls, falling then rebounding immediately. As it was usual lately, the employment report did not produce a clear picture of the US labor market, having both good and bad parts.

US Dollar Firm As Unemployment Claims Lowest in Almost 50 Years

The US dollar was firm today, supported by the unexpected drop of claims for unemployment benefits. Optimism about the upcoming meeting of the leaders of the United States and China was also contributing to the strength of the US currency.

US Dollar Rallies on Strong Manufacturing, Construction Spending

The US dollar is rallying against some of the most-traded currency pairs to kick off the trading week. The greenback is finding direction on recent data that suggest that the current bull run still has some legs and the economy could have additional room to grow. The buck was capped as traders had a renewed interest in China after a swath of data were released showing perhaps a recovery is in sight.

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