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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

US Dollar Remains Steady on Anticipation for ECB Policy Decision

The dollar remained little changed against the euro on Wednesday, as traders braced for a monetary policy decision from the European Central Bank on Thursday. The bank’s decision might bring increased quantitative easing to the European Union.

US Dollar Remains Stable Against Euro as Traders Brace for Upcoming Policy Meetings

The US dollar had a tight range of movement against the euro on Tuesday, as currency traders anticipated upcoming monetary policy meetings in major economies.

US Dollar Reverses Gains Achieved Against Euro After Italy’s Referendum

The dollar experienced strong volatility on Monday as a major political event in Europe raised the anxiety of currency traders and forced the euro to be subjected to rapid movements against the US currency.

US Dollar Ends Week Soft as Markets Didn’t Like NFP

The dollar has ended the week unexpectedly soft, though it managed to gain on the even weaker Japanese yen, as markets did not welcome the mixed employment data from the United States.

US Dollar Falls Against Major Peers Following Disappointing Jobs Data

The dollar declined against most of its major peers on Friday, following a new report that revealed average jobs gains in November. The US currency, which rose during the past 3 weeks, could be having a corrected movement after its rapid rally in the wake of Donald Trump’s presidency.

Dollar Sinks as Traders Take Profit

The US dollar dropped against other most-traded currencies today as traders were taking profits at the start of the new month that followed November, which was a very good month for the US currency.

Dollar Sharply Gains as US Data Releases Lift It Higher

The dollar rose higher against other major currencies on Wednesday’s trading session. The US currency’s gains came as a stack of data releases in the United States and news of a highly anticipated agreement to cut oil production lifted investors’ optimism today.

US Dollar Rises on Best US Growth Rates in Two Years

The dollar returned to gains against most of its major peers on Tuesday, as newly released data in the United States revealed that the growth rate of gross domestic product was stronger than previously expected during the third quarter.

US Dollar Drops Against Yen as Traders Collect Profits

The dollar retreated as it trailed a drop in the yields of US Treasury notes on Monday. The greenback’s decline followed increased worries that the Organization of the Petroleum Exporting Countries might fail to reach a deal to cut output in a meeting later this week.

Dollar Mixed During Abbreviated Holiday Week

The US dollar was mixed during the past week. Abbreviated trading and absence of any big news meant that there was no change for the market sentiment and fundamentals remained the same for the US currency.

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