Trump Oversees Worst Dollar Start to Year in Over Half a Century
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
The U.S. dollar has had its worst start to a year since 1973, weighed down by President Donald Trump's frenetic trade policy, a worsening outlook for the country's ever-bloating federal debt pile, and fears about the independence of the Federal Reserve.
The Financial Times reported that the U.S. Dollar Index was now down by 10 percent over the course of 2025, making it the weakest performance since the end of the Bretton Woods system, which was underpinned by the dollar's convertibility to gold.
This is a breaking story. Updates to follow.
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