The US dollar was flat against the euro and fell against such majors as the Great Britain pound and the Japanese yen during Thursday’s trading. Economic data from the United States was mixed, giving the currency no edge one way or the other.
US Dollar USD
Central Bank: Federal Reserve System
Interest Rate: 0.125%
Public Debt to GDP Ratio, 2013: 71.8%
Trade Balance, 2013: -$698 bln.
Inflation, 2013: 1.5%
Global reserve currency
International trade currency
World's strongest economy
Safe haven currency
Factors of Weakness
Huge public debt
Negative trade balance
Weak-currency policy (implicit)
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
June 25th, 2015 at 21:57
June 24th, 2015 at 20:01
The US dollar was mixed during the Wednesday’s trading session. The currency fell versus the euro, gained on the Great Britain pound and was flat against the Japanese yen.
June 20th, 2015 at 14:49
The US dollar dipped during the past trading week, demonstrating especially big losses versus the Great Britain pound. Two themes dominated the Forex market over the week: one being bullish for the greenback, another was bearish.
June 19th, 2015 at 12:11
Positive economic data out of the United States helping the US dollar move higher today, recovering from the dovish stance adopted by the Federal Reserve at the end of its two-day meeting earlier this week. Greenback is higher against its major counterparts and the dollar index is gaining as well.
June 17th, 2015 at 22:46
The Federal Reserve released its monetary policy statement today and it was not positive for the dollar at all, being considered by the markets as a dovish one. The greenback extended its losses against the euro and the Great Britain pound while the US currency pared its earlier gains against the Japanese yen.
June 17th, 2015 at 12:54
US dollar is pulling back today, heading a little bit lower as Forex traders wait for the Federal Reserve’s announcement about what’s next for the greenback.
June 16th, 2015 at 11:10
US dollar is heading higher today as traders look forward to the coming two-day meeting of Fed policymakers. Greenback is also getting some support from worries about what’s next for Greece.
June 13th, 2015 at 9:57
The US dollar showed rather weak performance during the past trading week even as economic fundamentals should have been supportive for the currency. Now traders wait for the next week that may determine the future of the currency in the near term.
June 12th, 2015 at 20:25
The US dollar has received support from domestic macroeconomic reports that led to a rally yesterday. Today, the currency halted its advance even though fundamentals continued to be supportive for the greenback.
June 08th, 2015 at 10:47
US dollar is falling in some of its currency pairs today as profit taking after the surge at the end of the week sets in. Dollar index is still managing to remain higher, however.