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The dollar has just posted its worst first-half of a year since 1973. ... Why some see the dollar's drop as a sign America is losing its financial might. July 7, 2025 6:00 AM ET. By .

The dollar index is now trading around the same levels it held during the second half of Trump's previous presidential term, from 2018 to the first half of 2020.

The US dollar index (DXY) has crashed hard in the past few weeks, erasing all gains made earlier this year and moving to its lowest level since July 2023. It has plunged by over 9.35% from its ...