The US dollar is enduring its worst half-year performance since 1973, when the collapse of the Bretton Woods system, an OPEC oil embargo, and the Watergate scandal triggered significant devaluation. This six-month slide also marks the currency’s weakest showing since the 2009 post-financial crisis recovery. The dollar index, which measures the dollar’s value against a basket of six major currencies, including the Euro, Japanese Yen, and Swiss Franc, has plummeted over 10%. This sharp decline reflects growing unease among investors about the US economy’s trajectory. Several factors are driving this downturn, including President Trump’s tariff policies, concerns over escalating US debt, and the Federal Reserve’s independence in setting interest rates and managing monetary policy. These issues have eroded confidence in the dollar’s stability. On Monday,…
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