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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 Trades Sideways in Anticipation of Fed Interest Rate Hike

The US dollar was little changed today, though rose versus most European currencies as markets were waiting for the monetary policy decision of the Federal Reserve and accompanying forecasts that should reveal Fed’s outlook for the future.

US Dollar Extends Losing Skid Ahead of Federal Reserve Policy Meeting

The US dollar erased its early gains and extended its two-week losing skid on Monday. As investors braced for the Federal Reserve’s two-day policy meeting and read reports that China canceled trade talks with the US, the greenback dipped against a basket of currencies.

US Dollar Ends Week Soft as US-China Trade War Becomes Non-Event

The US dollar ended the week mostly soft despite escalation of the US-China trade conflict. Markets largely brushed off the news, and traders showed more interest in riskier higher-beta currencies instead of safer ones.

US Dollar Ends Week Broadly Lower

The US dollar ended the week broadly weaker against its most-traded rivals as the positive market sentiment and disappointing macroeconomic data made the currency less attractive to investors.

US Dollar Declines vs. Other Majors After CPI Miss, Gains vs. Yen

The US dollar was broadly lower against its most-traded rivals today following the release of a worse-than-expected inflation report and the improvement of the market sentiment. The currency managed to gain on the Japanese yen, though.

US Dollar Rallies on Strong August Jobs Report

The US dollar is rallying against its major counterparts at the end of the trading week following a better-than-expected August jobs report. The bullish economic report will likely give further ammunition to the Federal Reserve to raise interest rates at its next Federal Open Market Committee (FOMC) policy meeting later this month, a dollar-positive move.

US Dollar Rallies on Trade War Fears, ISM Manufacturing Data

The US dollar rallied against all of its major rivals today. Market analysts explained the rally by risk aversion caused by trade war fears, though many also mentioned the unexpectedly positive manufacturing report.

US Dollar Weak After Trump’s Comments, Powell’s Speech

The US dollar was one of the weakest currencies during the past trading week, though the Japanese yen was actually the weakest due to the relatively optimistic market sentiment.

US Dollar Plunges As Trump ‘Not Thrilled’ Over Fed Rate Hikes

The US dollar is tumbling on Tuesday after President Donald Trump slammed the Federal Reserve for raising interest rates. Despite criticizing the US central bank on the 2016 campaign trail for keeping rates too low, the president believes that the Fed is not cooperating with his administration to spur growth. These remarks did not help the greenback as the currency suffered one of its biggest single-session losses of the year against a basket […]

US Dollar Ends Week Soft As Market Enters Consolidation Mode

The US dollar, as well as the Japanese yen, was among losers during the past trading week as the investors’ sentiment improved and the market entered a consolidation mode. The Great Britain pound was also among the weakest currencies, while the New Zealand dollar and the Canadian dollar were the strongest ones.