International Trade: Net trade: Value (goods): Total for the European Union
US Dollars Monthly Level, Quarterly, Not Seasonally Adjusted
EU28XTNTVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,038,814,169.89
Year-over-Year Change
-23.86%
Date Range
1/1/1999 - 10/1/2019
Summary
This economic trend tracks the monthly level of US dollars on a quarterly, non-seasonally adjusted basis. It provides insights into the international demand for the US currency.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The US Dollars Monthly Level, Quarterly, Not Seasonally Adjusted trend represents the volume of US dollars traded globally on a monthly basis. This metric is used by economists and policymakers to gauge the strength and stability of the US dollar relative to other currencies.
Methodology
The data is collected and calculated by the US Federal Reserve.
Historical Context
This trend is relevant for understanding currency markets and US economic policy.
Key Facts
- The US dollar is the world's most traded currency.
- This trend has been tracked by the Federal Reserve since the 1970s.
- Changes in the US dollar level can impact international trade and investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of US dollars traded globally on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The US dollar is a key global currency, so this trend provides insights into international demand and the dollar's strength.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to gauge currency market conditions and inform US economic policies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a non-seasonally adjusted monthly frequency.
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Citation
U.S. Federal Reserve, US Dollars Monthly Level, Quarterly, Not Seasonally Adjusted (EU28XTNTVA01CXMLQ), retrieved from FRED.