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US Dollar USD

 

Detailed information and fundamental factors

Central Bank: Federal Reserve System

Interest Rate: 1.50% — 1.75%

Public Debt to GDP Ratio, 2017: 77.4%

Trade Balance, 2017: -$776 bln.

Inflation, 2018: 2.4%

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

USD/JPY Halted by 110.29

The US dollar versus the Japanese yen currency pair retraced quite strongly from the 110.29 resistance level. Is this a clue that the bulls are out of the game for a while?

Head and Shoulders Almost Complete on AUD/USD

The Australian dollar versus the US dollar currency pair seems to be pursuing lower prices. The only possible barrier is 0.6850. Will this level be able to stop the depreciation?

USD/JPY Might Correct Before Further Appreciation

The US dollar versus the Japanese yen currency pair is at a point in which it should draw a correction, otherwise it might be considered that it is overextending.

US Dollar Sinks As Phase One US-China Trade Deal Signed

The US dollar slumped midweek as the US and China officially signed the first phase of a comprehensive trade agreement. This comes as December inflation was subdued and business optimism fell short of analysts’ expectations. Still, the greenback is trading relatively higher against a basket of currencies this month.

AUD/USD Might Be in Bearish Hands, Heading for 0.6700

The Australian dollar versus the US dollar currency pair seems to be undecided. Is it so, or are the bears preparing a surprise?

US Dollar Mixed Amid Soft December Jobs Report

The US dollar is mixed against its currency rivals at the end of the trading week, buoyed by a tepid jobs report that fell short of the market forecasts. The December labor report suggested that job creation may be tapering off in a robust economy.

The Bulls Conquered USD/JPY and May Aim for 111.07

The US dollar versus the Japanese yen currency pair allowed a full-fledged bullish appreciation. Are they exhausted or is this just the beginning?

US Dollar Rallies As Trade Deficit Sinks to Three-Year Low

The US dollar is gaining momentum on Tuesday as new data revealed that the trade deficit fell to its lowest level in more than three years in November. With the US and Iran conflict potentially peaking, investors are gradually returning to equities and the greenback, which is evident in the slump in crude oil prices. A better-than-expected reading in the purchasing managers’ indexes (PMIs) also enhanced the buck’s strength.

US Dollar Unable to Find Support From Strong PMI Readings

The US dollar is tumbling to kick off the trading week, despite strong data that should support the greenback. The buck might be continuing its fourth-quarter reversal that saw the currency pare most of its stellar gains from the first nine months of 2019. Investors could be cautious due to swelling US-Iran tensions, which have also somewhat seeped into global financial markets.

Is the Descending Trend on AUD/USD Really Over?

The Australian dollar versus the US dollar currency pair intruded the resistance trendline of the descending channel but stopped into an important resistance area. How does that impact the evolution of the upcoming period?

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