The Great Britain pound versus the US dollar currency pair seems to be under bearish pressure but could the bulls thrive in the attempt to rotate the price?
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 to Attempt Recovery on GBP/USD After 1.4239 Peak?
March 2, 2021 at 5:45 Great Britain Pound, Technical Analysis, US Dollar
Bears Taking Control from 0.8007 on AUD/USD
March 1, 2021 at 5:48 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the US dollar currency pair seems to be under firm bearish pressure. From where can the bulls fight back?
USD/JPY in Bullish Hands from 105.09
February 26, 2021 at 5:40 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair seems to be on its way to the next area of interest — 107.00. Are the bears going to stand aside?
USD/CAD Breaks Below 1.25 Amid Initial Jobless Claims Sliding to Three-Month Low
February 25, 2021 at 14:15 US Dollar
The US dollar weakened on greater confidence in the broader financial markets as the government reported initial jobless claims falling to their lowest levels in three months. A renewed rally in the equities arena, surging Treasurys, and positive economic data weighed on the conventional safe-haven asset. With the latest drop, the greenback has officially turned negative for the year.
Bulls Eye the 1.4122 Area on GBP/USD
February 23, 2021 at 5:32 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to be from the 1.3854 level. Will the bears be able to defend it from the ferocious bulls?
AUD/USD Hovering at 0.7914
February 22, 2021 at 5:46 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems to be determined to win the 0.7914 handle. Are the bears prepared?
US Dollar Falls amid Risk Appetite, Positive Data Doesn’t Help
February 19, 2021 at 19:08 US Dollar
The US dollar fell along with other safe-haven currencies, like the Swiss franc and the Japanese yen, as the market sentiment favored riskier currencies linked to growth. In fact, the Swissie was the only currency that fared worse than the greenback as the dollar fell even versus the yen, though it has been trying to rebound versus the euro too at the time of writing. Domestic macroeconomic data was favorable to the US currency but had […]
Price to Take Decision on USD/JPY After 106.22 Peak
February 19, 2021 at 5:25 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to be in front of a medium-term or even long-term decision.
US Dollar Index Slides As Jobless Claims Surge to 861k
February 18, 2021 at 14:34 US Dollar
The US dollar weakened on Thursday, joining the decline in the broader financial markets. The greenback is slumping after the US government reported a larger-than-expected reading for initial jobless claims. While the dollar has rebounded over the last week, the greenback has ostensibly hit the pause button on its meteoric ascent to kick off 2021.
USD/CAD Rises on Strong Retail Sales, Industrial Output in January
February 17, 2021 at 15:11 US Dollar
The US dollar rose against some of its major currency peers in the middle of the trading week as financial markets failed to react positively to strong retail sales data. The greenback has strengthened during the holiday-shortened trading week amid investors continuing to seek safe-haven assets during the broader economic uncertainty.