The Great Britain pound versus the United States dollar currency pair seems to be surprised by the bulls. Will they be able to steer the price for the medium term?
US Dollar USD
Detailed information and fundamental factors
Central Bank: Federal Reserve System
Interest Rate: 0.00% — 0.25%
Public Debt to GDP Ratio, 2020: 131.2%
Trade Balance, 2019: -$576.9 bln.
Inflation, 2019: 1.8%
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
Bulls Showing a Comeback from 1.3519 on GBP/USD?
January 19, 2021 at 5:55 Great Britain Pound, Technical Analysis, US Dollar
AUD/USD Topping at 0.7820?
January 18, 2021 at 5:40 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems to be having some trouble continuing the rise. Is this the end of the growth?
USD/JPY Testing Trendline Around 103.74
January 15, 2021 at 5:19 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to be having some difficult times when it comes to deciding upon the main direction.
US Dollar Index Finds Support on Five-Month High Jobless Claims, Stimulus Hopes
January 14, 2021 at 15:00 US Dollar
Could the US dollar maintain its impressive start to 2021 on Thursday? Investors sought refuge from bearish data and economic uncertainty after the federal government reported the higher number of initial jobless claims in about five months. Financial markets are also waiting for President-Elect Joe Biden‘s stimulus and relief proposals, with only days until he is inaugurated.
US Dollar Rises Amid Higher Price Inflation, US Impeachment Vote
January 13, 2021 at 14:58 US Dollar
The US dollar is trading higher as investors take more of a cautious approach to the financial markets in the middle of the trading week. Traders are combing through the data, including consumer prices and mortgage lending, but they are also keeping an eye on the US impeachment vote. The greenback is continuing its surprisingly strong start to 2021, but can the currency keep up the momentum?
GBP/USD Bounced off 1.3500. What Now?
January 12, 2021 at 5:30 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to be willing for another try to pass 1.3616. Is the current context favoring such a scenario?
Bulls on AUD/USD Have 0.7014 on the Radar?
January 11, 2021 at 5:30 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems the be under constant bullish dominance. But aren’t the bulls tired yet?
US Dollar, Treasurys Rise As Economy Lost 140,000 Jobs
January 8, 2021 at 13:50 US Dollar
The US dollar is looking to log a gain in the first trading week of 2021 as investors potentially seek refuge in the conventional safe-haven asset. The US government reported a worse-than-expected jobs report for December, driven by a resurgence in the coronavirus pandemic that is approaching 300,000 new infections per day. Is the greenback on the verge of facing a correction higher?
USD/JPY Correcting from 102.59
January 8, 2021 at 5:37 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to have entered a corrective phase. But is this just a simple correction?
US Dollar Finds Support on Washington Chaos, Lower Jobless Claims
January 7, 2021 at 17:20 US Dollar
The US dollar is extending its winning streak to two sessions toward the end of the first trading week of 2021. The greenback, which has come under pressure over the last nine months, is finding support in the political chaos unfolding in Washington during the final days of President Donald Trump’s tenure. The buck’s ascent occurred alongside a rally in the financial markets and bullish economic data.