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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 Mixed on Flood of Economic Data

The US dollar is mixed against a basket of major currencies on Thursday. With a flood of economic data, traders are sifting through the numbers and finding a play in the greenback. The US-China trade negotiations are also lingering in the background, something that could soon play a factor in the dollar in the coming weeks because reports suggest a new trade agreement is on the brink of happening.

US Dollar Gains on Major Rivals, Retreats vs. Commodity Currencies

The US dollar gained on most major currencies during the past trading week but fell against commodity currencies. The reason for that was optimism about Sino-US trade talks, which led to risk appetite on markets.

US Dollar Weakens on Retail Sales Plunge, Jobless Claims Jump

The US dollar is weakening against a basket of currencies on Thursday as new data is souring economic outlooks. Retail, inflation, and even jobs impacted the greenback towards the end of the trading week, leaving investors concerned that a contraction is on the horizon.

US Dollar Rebounds Despite Headline Inflation Miss

The US dollar was weak in the first half of Wednesday’s trading session but reversed losses versus some currencies later, erasing them against others outright. Slight miss of inflation print did not prevent the rebound. In fact, the greenback climbed after the worse-than-expected data.

US Dollar Ends Week Strongest amid Slowing Global Growth

The US dollar ended the week as the strongest currency on the Forex market even though fundamentals were not particularly supportive to the currency. It is just things in other parts of the world were even worse, with many countries forecasting slowing economic growth. Commodity currencies were leading the decline due to risk aversion caused by the economic slowdown.

US Dollar Rallies on Sino-US Trade Talks Optimism & Good US Data

The US dollar rallied against most other currencies today. The major reasons for the rally were positive macroeconomic data released in the United States on Wednesday and optimism about the trade talks between the USA and China.

US Dollar Ends Week with Losses due to Dovish Fed

The US dollar fell against most of major counterparts during the past trading week largely due to the relatively dovish stance of the Federal Reserve. The losses were not particularly big, though.

US Dollar Pulls Back After Stellar Jobs Report

The US dollar is losing ground against its major currency rivals to finish off the trading week. After the latest jobs report still showed a robust labor market to kick off 2019, investors will now see if the Federal Reserve will revise its “patient” stance and return to its aggressive path to normalizing monetary policy.

US Dollar Rises on Strong Jobs Report, Capped by ‘Patient’ Fed

The US dollar is gaining against its currency rivals midweek after new data shows the labor market entered 2019 on a strong note. But the dollar’s ascent was capped by a “patient” Federal Reserve, suggesting that there will not be any moves on interest rates until at least June.

US Government Shutdown Ends Temporarily, Dollar Unimpressed

The US dollar had muted reaction to the announcement of a stop-gap agreement between President Donald Trump and the Congress to end the government shutdown without funding the wall with Mexico.

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