Fed Dodd-Frank Act Stress Tests Results — report on stress tests of the largest US banks (having assets of $50 billion and more). The tests simulate adverse economic scenarios to check the banks' financial reliability.
Stress tests are focused on credit, market and liquidity risks. They simulate the bank activity in case of a sharp increase in unemployment, slowing economic growth, force majeure events outside the United States, etc.
Under the Dodd-Frank federal law passed in 2010 after the global financial crisis, the largest banks should conduct independent tests to check their financial reliability every six months as well as pass the Fed's stress tests once a year. This reduces the risks of the US financial system.
Reports on successful passing of the tests by most banks have a positive impact on USD.