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US Dollar USD

 

Detailed information and fundamental factors

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%

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

medium

Factors of Weakness

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.



US Dollar News Archive

US Dollar Erases Gains As Nancy Pelosi Says Stimulus Deal Possible by Day’s End

The US dollar erased its gains on Tuesday and deepened into negative territory after House Speaker Nancy Pelosi revealed that a coronavirus stimulus and relief package could be done by the day’s end. This sent stocks and other asset classes rallying as investors were confident that the White House and the Democratic leadership could reach an agreement over a $2 trillion bill.

GBP/USD Encountering Bearish Resistance at 1.3000?

The Great Britain pound versus the United States dollar currency pair seems to limit the bullish efforts. Are the bulls out of steam?

Safety Net at 0.7010 on AUD/USD for the Pressured Bulls?

The Australian versus the US dollar currency pair seems to have a hard time resuming the upward movement. It is the trend approaching the end of its evolution?

USD/JPY Respecting the 105.09 Support?

The United States dollar versus the Japanese yen currency pair seems to be under bullish control.

US Dollar Jumps As Initial Jobless Claims Surge to Seven-Week High

The US dollar is rising on Thursday after the US government reported that initial jobless claims surged more than the market had anticipated. The greenback is witnessing an influx of traders who seeking shelter from the slide in the broader financial market. With the leading benchmark indexes in the red and the metal commodities sliding, investors are searching for protection in the buck.

1.3000 on GBP/USD Conquered by the Bulls?

The Great Britain pound versus the United States dollar currency pair seems to be willing to head north. Do the bulls have enough steam for that?

US Dollar Flat As Investors Weigh Fiscal Stimulus Talks, Wait for Inflation Data

The US dollar is kick off the trading week relatively flat, hovering at its lowest level in three weeks. With not much economic data to work with, investors are weighing fiscal stimulus in Washington and the 2020 presidential election in a couple of weeks. Will traders adopt a wait-and-see approach to the greenback for the remainder of October?

Bulls Set for 0.7320 on AUD/USD?

The Australian versus the United States dollar currency pair seems to be determined to reach for 0.7320.

Bearish Resistance at 106.12 on USD/JPY?

The United States dollar versus the Japanese yen currency pair may have trouble passing the 106.12 level. Is this just a bullish pause?

US Dollar Seeks Direction As Initial Jobless Claims Fall to Fresh Pandemic Low

The US dollar is searching for direction on Thursday after the number of Americans filing for first-time unemployment benefits fell to a fresh pandemic low. But the latest numbers indicate that jobless claims are sliding at a sluggish pace as hiring slows down. With Washington in a stalemate over stimulus funding, it might be hard to forecast the greenback’s performance in the short-term amid political uncertainty.

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