What Determines the Value of the U.S. Dollar?
Technical Factors that Impact the Dollar
Traders are tasked with gauging whether the supply of dollars will be greater or less than the demand for dollars. To help us determine this, we need to pay attention to any news or events that may impact the dollar's value. This includes the release of various government statistics, such as payroll data, GDP data and other economic information that can help us to determine whether there is strength or weakness in the economy.