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US Dollar USD
Central Bank: Federal Reserve System
Interest Rate: 0.00% — 0.25%
Public Debt to GDP Ratio, 2017: 77.4%
Trade Balance, 2017: -$776 bln.
Inflation, 2019: 1.8%
Global reserve currency
strong
International trade currency
strong
World's strongest economy
strong
Safe haven currency
medium
Negative current account balance
strong
Negative trade balance
medium
Quantitative easing
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.
The US dollar is struggling to hold onto its best level in one week as higher producer prices and falling business optimism affected the greenback. After a near 7% slide in three months, the greenback has been holding steady so far this month amid uncertainty in the post-coronavirus global economy. But is the dollar oversold, or could inflation threaten its strength in international forex markets?
The US dollar is strengthening against some of its most traded currency competitors to close out the trading week after the US government reported a better-than-expected jobs report. The economy continues to show signs that it is rebounding on the other side of the COVID-19 lockdown. But the labor market is still short 13 million positions that were lost amid the pandemic.
The United States dollar versus the Japanese yen currency pair seems to have lost its steam after a very strong appreciation. Was that all the bulls could do?
The US dollar is trading relatively flat against its G10 currency counterparts after the US government reported that initial jobless claims declined to their lowest levels of the COVID-19 pandemic. The greenback has been trading quietly ahead of the July jobs report on Friday. The broader financial market, except the precious metals, was also subdued toward the end of the trading week.
The Great Britain pound versus the US dollar currency pair seems to be in a mixed-mode. But is it really so?
The Australian versus the US dollar currency pair failed to conquer the 0.7191 resistance level. Is this a sign of the bears getting stronger?
The US dollar versus the Japanese yen currency pair slipped under the important 105.09 level. Can the bulls deliver a surprise comeback?
The US dollar has snapped its losing streak and is making gains against its G10 currency rivals on Thursday. The greenback is finding support on the US government reporting better-than-expected initial jobless claims and GDP data in the second quarter. The buck, which has been on a downward trend over the last three months, is looking to reverse its losses as traders seek refuge in a safe-haven asset.
The US dollar is sliding against many of its most traded currency rivals midweek after the US central bank left its key interest rates unchanged. The greenback has been steadily declining since the market meltdown in March, and analysts are warning that the buck could fall even further amid inflation fears. With the Federal Reserve maintaining its dovish stance, how much more could the dollar […]
The Great Britain pound versus the United States dollar currency pair continues the movement towards the north. Are the bears anywhere near?
