JUST IN: The dollar is experiencing its sharpest first-half decline in at least 40 years. The ICE Dollar Index has decreased by over 10% in 2025, and the WSJ Dollar Index has fallen by 8%, marking the worst performance since 2002.
This drop is attributed to worries about Trump's tariffs, the independence of the Federal Reserve, and increasing U.S. debt, which are impacting the primary global trade currency.
Some analysts believe the selloff may be exaggerated and foresee a rebound, while others caution about a potential deeper decline as more investors protect against further dollar weakening.