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.
January 19th, 2012 at 19:05
US Dollar
US dollar is mostly lower today, especially against high beta currencies. Risk appetite is making an appearance, and Forex traders and others are looking for higher yields. There is some optimism about the US economic recovery, as well as hopes for an improved global economic situation.
January 17th, 2012 at 16:22
US Dollar
US dollar is falling today, thanks to upbeat news out of China and Europe. With risk appetite on the rise, there is little demand for the safety and stability of the US dollar. Forex traders are, instead, turning to higher yielding currencies.
January 16th, 2012 at 16:00
US Dollar
US dollar index is lower as greenback falls pretty much across the board. A successful French debt auction is helping the euro, and commodity currencies are getting a boost from higher oil and gold prices.
January 13th, 2012 at 15:21
US Dollar
Even though the trade deficit unexpectedly widened in November, the US dollar is moving higher today. For the most part, US dollar is gaining as uncertainty prompts a certain degree of risk aversion. With rumors of an imminent French downgrade, a disappointing Italian debt auction, and worries about banks, it is little surprise that safe havens like the US dollar are in demand.
January 12th, 2012 at 14:21
US Dollar
US dollar is lower across the board this morning as the Libor falls for borrowing dollars and euros. The London interbank market also saw a narrowing in the spread of three-month dollar Libor and overnight index swaps. However, the latest US jobs data might change things; the US dollar is only slightly lower and could easily gain strength if risk aversion rises.
January 10th, 2012 at 15:42
US Dollar
Risk appetite is making an appearance as investors show optimism through higher stocks. As a result, the US dollar is mostly lower against other majors today. Greenback is lower against the euro, pound and yen today.
January 09th, 2012 at 16:32
US Dollar
US dollar is edging lower against other major currencies today. Losses aren’t too big, though, since there is still a great deal of uncertainty in the markets right now. A meeting between Nicolas Sarkozy and Angela Merkel is said to have made “progress” toward a euro agreement, but no major announcements were made.
January 07th, 2012 at 18:42
US Dollar
The US dollar advanced this week, reaching a 17-month high against the euro, as concerns about the debt crisis in Europe persisted, while the economy of the United States continued to recover.
January 06th, 2012 at 12:03
US Dollar
The US dollar rallied yesterday as macroeconomic data from the United States was good, while concerns about Europe’s economy persisted. The rally stalled today, but may yet resume as US non-farm payrolls are expected to show robust growth of employment.
January 04th, 2012 at 16:39
US Dollar
Yesterday’s enthusiasm has largely disappeared and risk aversion is back in fashion on the Forex market. US dollar is gaining against high beta currencies today as attention turns back to the troubles in Europe.
