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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 Rallies As Market Dismisses IMF’s ‘Overvalued’ Concerns

The US dollar is finishing the trading week higher against a handful of currencies as the market appears to be moving on from recent comments pertaining to the greenback’s valuation. With a Federal Reserve bank president discussing the need for action ahead of a crisis and some data to throw in the mix, it has been a fun ride for the dollar this week.

AUD/USD Facing an Important Test Before Continuing Towards 0.7200

The Australian dollar versus the US dollar currency pair is at an important resistance area, but the bulls are very determined. The clues for which path the price will take lie in a few details.

USD/JPY Possibly Preparing a New Leg Down Towards 107.00

The US dollar versus the Japanese yen might look as if it is ready for a rally, but the chart tells a different story.

US Dollar Takes a Breather After Strong Data Sparks Rally

The US dollar is taking a breather midweek following a strong session on Tuesday, driven by strong economic data that left investors feeling ebullient. A string of housing numbers did come out, but the market did anticipate weakness in the sector, which could adjust traders’ minds about the world’s largest economy being on solid footing.

US Dollar Mixed on PPI, Index Slips Below 97

The US dollar is mixed against most currencies at the end of the trading week, driven by the latest inflation numbers. The greenback is also finding direction on expectations that the central bank will cut interest rates at the end of the month, according to signals during this week’s semi-annual testimony in front of Congress and latest Federal Open Market Committee (FOMC) minutes.

US Dollar Rallies to 3-Week Highs as Fed Rate Cut Appears Unlikely

The US dollar today rallied to almost 3-week highs as market hopes for future rate cuts from the US Federal Reserve dissipated in the face of positive US jobs data. The greenback also benefitted from the uncertainty surrounding the US-China trade war that caused a significant sell-off in US equity markets and high demand for the dollar.

AUD/USD Looking Towards 0.7200

The Australian dollar vs. the US dollar is quietly preparing an ascent while evolving casually in the descending channel that began a year ago.

US Dollar Ends Week Firm on US-China Ceasefire, Nonfarm Payrolls

The US dollar ended the week with gains against the majority of most-traded currencies, though not against the Canadian dollar. The US-China trade ceasefire and positive US employment data were the main contributors to the greenback’s rally.

US Dollar Surges on Strong June Jobs Report

The US dollar is surging at the end of the holiday-shortened trading week, buoyed by a stellar June jobs report that defied market expectations and showcased employment gains in nearly every sector of the economy. But equities kicked off the trading session in the red because job creation dampened hopes of a cut to interest rates by the US central bank.

US Dollar Stands Ground vs. Majors After ADP Employment Misses

The US dollar was soft versus riskier commodity currencies but stood ground against majors. The greenback was especially strong against European majors such as the euro, the Great Britain pound, and the Swiss franc. The main hurdle for the US currency today was the disappointing employment report from Automatic Data Processing.

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