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United States Dollar (USD) - BER Currency Guide

In this currency guide we look at :


  1. USD General Info
  2. USD Market Updates
  3. USD BER News
  4. USD Cross Rates

United States Dollar General Info

The three letter currency code for the United States Dollar is USD and the symbol is $. It is the domestic currency in United States, East Timor, Ecuador, El Salvador, British Virgin Islands, US Virgin Islands, Caribbean Netherlands, Turks And Caicos Islands and Zimbabwe.

Other nations besides the United States use the U.S. dollar as their official currency. For instance, Panama has been using the dollar alongside the Panamanian balboa as the legal tender at a conversion rate of 1:1. Ecuador, El Salvador, and East Timor all adopted the currency independently. The former members of the U.S.-administered Trust Territory of the Pacific Islands, which included Palau, the Federated States of Micronesia, and the Marshall Islands, chose not to issue their own currency after becoming independent, having all used the U.S. dollar since 1944. Two British dependencies also use the U.S. dollar: the British Virgin Islands and Turks and Caicos Islands. The islands Bonaire, Sint Eustatius and Saba, now collectively known as the Caribbean Netherlands, adopted the dollar on January 1, 2011, as a result of the dissolution of the Netherlands Antilles. The U.S. dollar is an official currency in Zimbabwe, along with the Euro, the Pound Sterling, the Pula, the Rand, plus several other currencies.



USD - Market Updates

USD/EUR Updates - Mon 21:00 EDT

7 Day Trend: United States Dollar down against the Euro with the USD/EUR at 0.8896, a drop of -0.44% and also down for the last 7 days with a drop of -2.83%.

3 Month Trend: USD/EUR is trading at 3-month lows and for the quarter is down -6.64%


United States Dollar - BER News

United States Dollar – Mon May 22: USD Up vs GBP & JPY and Down vs EUR, CAD, AUD, MXN, INR & PHP.

United States Dollar started the week down -0.27% against the Euro, down -0.12% against the Canadian Dollar, down -0.4% against the Australian Dollar, up 0.19% against the British Pound Sterling, down -0.2% against the Mexican Peso, up 0.11% against the Japanese Yen, down -0.14% against the Indian Rupee and down -0.12% against the Philippine Peso.... View article >
Currency:
Posted on 22 May 2017 | 9:07 pm GMT
Author: BER Research

Merkel Adds Fuel to Euro Rally, Says Euro “Too Weak” for Germany

In the past several hours, the euro has surged following the release of comments from German Chancellor Angela Merkel, who has said that the single currency is “too weak” for Germany – weakness which is “due to the ECB’s policy” and which “makes German goods…comparatively cheap.” As of writing at 13:35 GMT, the euro is... View article >
Currency:
Posted on 22 May 2017 | 3:20 pm GMT
Author: Joel Wright

Sterling Trends Lower as Conservatives Lose Ground in the Polls

Sterling GBP/USD 1 Week Chart The Pound (GBP) tumbled against the majority of its peers this morning as the Tories relinquished a double digit lead in the polls. Theresa May’s party suffered over the weekend as she faced a backlash over a supposed ‘dementia tax’ which would see the elderly with over $100,000 in assets... View article >
Posted on 22 May 2017 | 10:46 am GMT
Author: TorFX

Malaysian Ringgit’s Failure to Rally Despite Positive News Could be Important Signal for Currency’s Future Direction

In Conan Doyle’s Hound of the Baskervilles, the legendary detective Sherlock Holmes solves a crime using his knowledge of what didn’t happen. Specifically, when Holmes learns that the victim’s dog had not barked during the night of the theft of a prized racehorse, Holmes knows that the offender is likely known to the dog – an insight... View article >
Currency:
Posted on 20 May 2017 | 7:40 am GMT
Author: Joel Wright

United States Dollar – Fri May 19: USD Down vs EUR, CAD, AUD, GBP, MXN, JPY, INR & PHP.

United States Dollar down -0.94% against the Euro, down -0.71% against the Canadian Dollar, down -0.51% against the Australian Dollar, down -0.76% against the British Pound Sterling, down -1.12% against the Mexican Peso, down -0.33% against the Japanese Yen, down -0.32% against the Indian Rupee and down -0.09% against the Philippine Peso. USD 7 Day... View article >
Currency:
Posted on 19 May 2017 | 9:07 pm GMT
Author: BER Research

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