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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 Enters Consolidation, Ending Week Flat

The US dollar entered a consolidation mode, ending the week flat against most of its major rivals. As for other currencies, the Canadian dollar and the Great Britain pound were the strongest, while the New Zealand dollar ended the week extremely soft.

US Dollar Declines on Friday, Heads to End Week Flat

The US dollar extended yesterday’s decline today, heading to end the week flat versus most of its major rivals.

US Dollar Retreats as Inflation Misses Expectations

The US dollar fell against its most-traded rivals (with the exception of the extremely weak Great Britain pound) after US inflation missed expectations.

US Dollar Touches Record High for 2018

The US dollar was mixed today, rising against some rivals, falling against others, or staying flat versus some. The currency remained broadly supported by the outlook for higher interest rates from the Federal Reserve.

US Dollar Retains Strength After Disappointing Nonfarm Payrolls

The US dollar showed relatively solid performance today, considering that the major economic release, nonfarm payrolls, came out rather disappointing.

US Dollar Stays Volatile as Traders Speculate About Fed Policy

The US dollar remained extremely volatile following yesterday’s Federal Reserve meeting. The currency was soft at start of today’s session but attempted to rally later. As a result, the greenback was mixed today.

US Dollar Continues to Demonstrate Strength Ahead of Fed Announcement

The US dollar continued to demonstrate strength today, gaining for nine times in 11 days against the euro. Trading was thinner than usual during the current trading session as markets in many countries were closed for the May Labor Day.

Dollar Continues to Get Support from Interest Rate Hike Expectations

The US dollar was very strong on Monday as traders continued to bet on another interest rate hike from the Federal Reserve in the near future.

Surging US Treasury Yields Help Dollar End Week Strong

The US dollar was very strong during the past trading week, for the most part, thanks to surging US Treasury yields.

EUR/USD Declines As US Treasury Yields Continue to Rise

EUR/USD declined today ahead of tomorrow’s European Central Bank meeting. The US dollar also rallied against other most-traded currencies, supported by rising US Treasury yields.