This time I will continue to post USD facts, that may be quite captivating. I have always wondered where Dollars are produced and what quantity of green papers is released every day. So, having done a little bit of research I have found out, that United States Dollars are manufactured only in two places – in the capital of the USA (Washington, DC) and also in the city of Fort Worth (Texas). About three thousand people are involved in the production on two plants.

At the same time it is necessary to admit that there are so many paper money printed, that every day 18 tons of ink is wasted for it. Can you imagine, how many paper Dollars gets out into the world every day? Frankly speaking, this is one of the most amazing USD facts I have ever heard. I think, that if the USA continues releasing such big number of money, their economy might just be blown up one day by the inflow of useless cash.

Do you know that the design of current paper Dollars was announced and implemented in 1928? And do you know, who is depicted on all of the banknotes? There are many interesting USD facts connected with these famous people of USA. So, the portraits of following people can be seen on paper USA money at the moment:

$1 – George Washington (1732-1799) – the first president of the United States and the hero of the War of Independence (1775-1782)
$2 – Thomas Jefferson (1743-1826) – the third US president and the founder of Democratic party in 1792
$5 – Abraham Lincoln (1809-1865) – the 16th president of the USA, ruled during the Civil War and made the North win it
$10 – Alexander Hamilton (1755-1804) – one of the “Founding Fathers of the United States” and the first Secretary of the Treasury
$20 – Andrew Jackson (1767-1845) – the 7th president of the United States and the person to shape the ideas of modern Democratic party of USA
$50 – Ulysses Grant (1822-1885) – the 18th US president (1869–1877) and military commander of the North troops during the Civil War and post-war Reconstruction periods
$100 – Benjamin Franklin (1706-1790) – one of the Founding Fathers of the United States as well as famous politician, diplomat, scientist and inventor.

At the same time there are also rare banknotes, that are not used often. At this rate not everybody knows the USD facts about famous people, whose pictures are placed there. And I was somehow excited to know that:

$500 – William McKinley (1843-1901) – the 25th President of the USA, who made gold the base of the USD in 1893. During his rule the Spain was defeated in Spanish-American War (1898)
$1,000 – Grover Cleveland (1837–1908) – the 22nd and 24th President of the United States. The only person to be elected twice for the office and to serve two non-consecutive offices
$5,000 – James Madison (1751–1836) – the 4th US President and the “Father of the Constitution”
$10,000 – Salmon Portland Chase (1808–1873) – the Secretary of the Treasury and Chief Justice of the United States during Lincoln’s rule.

There are many USD facts that are not known to public now. Many people are using the American currency every day, but most of them hardly know much about it. At this rate it is sometimes quite interesting to find some unknown facts, connected with the history or the “life” of Dollar. So, I will be posting such things from time to time.

By the way, have you known that Abraham Lincoln (1804-1865) was the only president of the USA, whose image appeared on the paper money, when he was still alive? The sixteenth president of the United States was depicted on the paper USD money because of his achievements and success in the North of USA.

But he was the last alive person in the history of the USA, whose image was placed on money. The point is, that when the American government wanted to release the 5-cent banknotes (yes, 5-cent ones) in 1863, a big scandal occurred. The money should be emblazoned with the portraits of famous researches William Clark and Meriwether Lewis, but Spenser Clark, one of the officials from the Treasury Department, decided to replace them with his own portrait. And such money were printed. After that the Congress has taken the law prohibiting to depict on the money the portraits of alive people. And that’s another one of captivating USD facts.

A couple of days ago I stumbled upon a piece of interesting information. Do you know, that in the United States of America 35 million bank notes to the amount of 635 million USD are printed EVERY DAY? I was really shocked, when I heard that. Of course, it is necessary to take into consideration the fact, that 95% of these “USD papers” are produced to replace old and worn-out ones, but the remaining 5% are also pretty big sum.

Just try to imagine, what an amount of costless money (just small green sheets of paper) is produced and thrown into the market every year! Only for 2005 the real cost of one USD bank note was only $0.057. Such facts really make me think about the current economic situation in the world…

The trading on Thursday, February 04, 2010 is likely to be extremely active. But at the same time the situation on the Forex market can turn out to be quite unpredictable. All market participants will be waiting for the ECB and BoE decisions on their interest rates, which are predicted to remain at the same level, but can be changed in connection with the latest economic and Forex news from Europe. Just after the rate announcement the head of ECB Mr. Trichet will make his speech at monthly news conference.

The full version of analysis you can get there: Pack of Forex news releases

Due to that on Wednesday, February 03, 2010, the Forex market participants can expect the continuation of USD fall down. Of course, it won’t be very fast, but it is likely to take place in the middle of the trading week. There are some news to be expected from Europe: the info on Euro-zone PMI services and retail sales, the data on German and British PMI services. At the same time some important releases will be made in the USA: the information on by ADP on unemployment change and DOE US inventories. The full version of market analysis you can get there: USD goes down

On Tuesday, February 02, 2010, there is not very much of Forex news to be released. Some investors and Forex signals providers will be waiting for the announcement of the data on Euro-zone Producer price index, German retail sales and, of course USA pending home sales. The RBA cash target announcement in Australia doesn’t seem to have great impact on the situation on the market. In accordance with that, it could be admitted, that EUR/USD can go down again and return to the point of 1.3850. GBP/USD is likely to fall as well and might be trading around the point of 1.5900.

Read the full version of the analysis here: USD comes on again!

On Monday, February 01, 2010, the rivals of USD seem to recover a bit. Investors and Forex signals providers are expecting the positive economic news to come from Europe: the data on German, British and Euro-zone PMI Manufacturing, and the British M4 money supply. At the same time the information on PCE Core and ISM Manufacturing will be released in the United States of America, which can also have influence on the situation on the market and make USD to grow up a bit. Read the full version of high-quality signals Forex analytics and forecastright now

On Friday, January 29, 2010, there are some interesting and important Forex news to be published, which will be awaited by almost all Forex signals providers all over the world. The Nat ‘wide house prices index will be released in the UK. The info on Euro-zone unemployment and USA GDP change may also have influence on the situation on the market. At this rate it’s necessary to admit, that EUR/USD is likely to continue going downwards and may break through the level of 1.3900. GBP/USD might fall to the point of about 1.6050. Read the full version of USD Forex signals analysis!

On Thursday, January 28, 2010 the situation on the a href=”http://www.gfsignals.com/forex-trading-strategy/Utusk” title=”Utusk – Forex”>Forex market is likely to remain quite intensive. The trading may appear to be pretty unpredictable, because the majority of market participants will be waiting for the news releases from Germany (unemployment rate) and the USA (durable goods orders and initial jobless claims). At this rate it can be admitted, that EUR/USD might continue going down to the point of about 1.3950. GBP/USD is likely to go up a little bit and to be trading about 1.6200. Read and enjoy the full version of Trading market news