The US dollar index has experienced its worst first-half performance in over 40 years, falling by 10.8% this year. This decline surpasses the 14.8% slump seen in the first half of 1973. Uncertainties surrounding President Donald Trump’s trade and tariff policies, as well as his push for Federal Reserve rate cuts, have significantly impacted the currency’s value.
Source: https://www.bloomberg.com/news/articles/2025-06-30/dollar-index-slumps-10-8-in-biggest-first-half-loss-since-1973-mcjmj1mo