....6440 as Australian Dollar underperforms across the...

📊 INVESTMENT NEWS

⏰ Market Update: 2025-10-14 11:20 UTC

Financial market analysis - Dollar news update

💡 Key Market Insights

#Dollar#Currency#Usd#Over#World#Most#From#Gold#Aud#Dives

What is the US Dollar?

The US Dollar (USD) is the official Currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world’s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.

⚠️ Investment Disclaimer: This content is for informational purposes only and should not be considered as financial advice. Always conduct your own research before making investment decisions.

---

📈 Read Full Market Analysis →

Source: Original financial news report