United States dollar

Currency of the United States of America

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United States dollar: Currency of the United States of America
The United States dollar is the official currency of the United States and its territories per the Coinage Act of 1792. One dollar is divided into 100 cents, or into 1000 mills for accounting and taxing purposes. The Coinage Act of 1792 created a decimal currency by creating the dime, nickel, and penny coins, as well as the dollar, half dollar, and quarter dollar coins, all of which are still minted in 2020.


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U.S. inflation subdued with economy in recession

U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand for goods and services remained subdued amid a recession caused by the COVID-19 pandemic.
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Explainer: Dollar peg is critical to Hong Kong amid U.S. threats, China worries

China's plans to impose a national security law on Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law have unsettled investors. They have also..
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Facebook-Jio deal: What Mukesh Ambani and Mark Zuckerberg want you to know

facebook-jio deal: what mukesh ambani and mark zuckerberg want you to know
NEW DELHI: Social media giant Facebook has invested Rs 43,574 crore into Jio Platforms. This investment by Facebook values Jio Platforms at Rs 4.62 lakh crore pre-money enterprise value ($65.95..
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U.S. cash crude prices plunge after Saudi-Russia supply war erupts

U.S. cash crude prices plunged on Monday, with popular export grades sliding to their weakest levels in more than a year and a half, following a collapse in benchmark futures in the biggest daily price..
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U.S. core retail sales flat; industrial production falls

U.S. consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy's ability to continue..
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Bitcoin Reaches Crucial Juncture: Breakdown Below This Level Could Spark Vertical Drop

bitcoin reaches crucial juncture: breakdown below this level could spark vertical drop
Bitcoin price failed to continue above the $9,500 resistance and declined recently against the US Dollar. BTC could either bounce back from $9,150 or it might decline heavily.Bitcoin bulls are fighting..
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China virus fears spook U.S. shares, oil prices

U.S. shares and crude prices fell sharply on Friday as investors moved into safe-haven assets amid concerns that a spreading virus from China would curb travel and hurt economic demand.
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Google parent Alphabet is the fourth U.S. company to pass $1 trillion market cap

google parent alphabet is the fourth u.s. company to pass $1 trillion market cap
As Google-parent Alphabet became on Thursday the fourth U.S. company to top a market value of more than $1...
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U.S. consumer prices gain slightly; underlying inflation tame

U.S. consumer prices rose slightly in December even as households paid more for healthcare, and monthly underlying inflation slowed, supporting the Federal Reserve's desire to keep interest rates..
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Ripple (XRP) Price Won’t Go Down Quietly: Risk of Bounce Grows

ripple (xrp) price won’t go down quietly: risk of bounce grows
Ripple is facing hurdles near the $0.2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0.2080 and $0.2070. Ripple price..
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U.S, Canadian, French representatives to attend Iran plane crash investigation meetings

U.S., Canadian and French representatives are to travel to Tehran to attend meetings for the Iran-led investigation into the Ukrainian airliner incident, Iranian state media reported on Friday.
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Ethereum Price Diving: Can Bulls Save This Key Support?

ethereum price diving: can bulls save this key support?
Ethereum extended its decline below the $140 support versus the US Dollar, while bitcoin dived below $8,000. ETH bulls must protect the $135 support to start a decent recovery. Ether price failed to..
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Bitcoin Downside Thrust Possible Before Key Reversal

bitcoin downside thrust possible before key reversal
Bitcoin price spiked towards $7,400, but it failed to retain strength against the US Dollar. The bulls need to protect the $7,120 and $7,000 support levels in the near term. There is a major bearish..
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Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back?

bitcoin (btc) breakdown below $7k looms, can bulls bounce back?
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish..
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U.S. consumer inflation rises; Fed seen staying pat

U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention not to cut interest rates again in the near term after..
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Swiss pharma giant Novartis to splash nine billion euros on US firm

swiss pharma giant novartis to splash nine billion euros on us firm
Swiss pharmaceuticals giant Novartis announced over the weekend it would dish out $9.7 billion (8.8 billion euros) to acquire US firm Medicines Company, in a move aimed at boosting its cardiovascular..
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U.S. inflation firms on rising healthcare, energy costs

U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near..
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Bitcoin (BTC) Price Trading Near Make-or-Break Levels

bitcoin (btc) price trading near make-or-break levels
Bitcoin price is declining and struggling to stay above the $9,000 support against the US Dollar. The price is could correct higher, but it might face resistance near the $9,200 and $9,300 levels...
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Ethereum (ETH) Resumes Downtrend, Bitcoin Down 2%

ethereum (eth) resumes downtrend, bitcoin down 2%
Ethereum price is declining again after it failed to break $178 and $180 against the US Dollar. Bitcoin price is also moving down and it is likely to break the $8,000 support area. There is a key..
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Bitcoin (BTC) Price Eyeing Another Leg Higher To $8,500

bitcoin (btc) price eyeing another leg higher to $8,500
Bitcoin price is showing positive signs and is holding the $8,100 support area against the US Dollar. The price is likely to surpass the $8,280 and $8,300 resistance levels to continue higher. There is..
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Ethereum price may recover to $180

ethereum price may recover to $180
While Bitcoin is up by five percent (5%) today, the price of the Ethereum price is also steadily ascending versus the USD. Although, strong resistance is anticipated near the one hundred and eighty..
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U.S. consumer inflation tame, labor market still tightening

U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid..
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Ethereum (ETH) Price Likely Preparing For Corrective Move To $200

ethereum (eth) price likely preparing for corrective move to $200
ETH price started an upside correction and tested the $185 resistance against the US Dollar. The price is currently correcting lower, but it remains supported near $175 and $172. There is a new..
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Ethereum (ETH) Price Showing Signs of Further Weakness

ethereum (eth) price showing signs of further weakness
ETH price failed to surpass the $172-$175 resistance and declined again against the US Dollar. The price retested the $152 support area and it is currently correcting higher. There is a new connecting..
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Manchester United first Prem Club to break 600 mln pound income barrier

manchester united first prem club to break 600 mln pound income barrier
LONDON, Sept. 24 (Xinhua) -- Manchester United has become the first English Premier League club to see its annual income exceed 600 million pounds, with a profit for the year of 50 million pounds (62.5..
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Ethereum Price (ETH) Could Breakdown In Short Term, Bitcoin Down 3%

ethereum price (eth) could breakdown in short term, bitcoin down 3%
ETH price is struggling to continue to move higher above the $185 resistance against the US Dollar. The price is likely to decline if bitcoin continues to struggle below the $10,250 level. There is a..
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Bitcoin (BTC) Price Testing Last Line Of Defense With Positive Bias

bitcoin (btc) price testing last line of defense with positive bias
Bitcoin price is showing positive signs and settled above $10,000 against the US Dollar. The price is now trading near the key $10,400 resistance area, which is preventing gains. Yesterday’s..
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U.S. inflation picking up; Fed rate cut still expected

U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations that the Federal Reserve will cut interest rates again..
Reuters - Published

China’s Yuan Falls Below Sensitive Level of 7 to U.S. Dollar

china’s yuan falls below sensitive level of 7 to u.s. dollar
China allowed its yuan to fall below the politically sensitive level of seven to the U.S. dollar on Monday for the first time in 11 years, prompting concern Beijing might use devaluation as a weapon in..
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U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings

The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment.
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Wall Street stocks climb, dollar drops on rate-cut optimism

U.S. stocks edged higher and the dollar fell as hopes rose for an imminent interest-rate cut, while oil futures were little changed as supply worries triggered by a tropical storm were offset by signs..
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Muted U.S. inflation strengthens case for Fed rate cut

U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy increased pressure on the Federal Reserve to cut interest rates this year.
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Fed cheer lifts Asian shares, leaves dollar on back foot

Asian shares advanced on Wednesday after comments from Federal Reserve officials suggested a U.S. rate cut this year was on the cards, boosting investor sentiment and pushing the dollar lower.
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