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US dollar suffers worst start to year since 1973

UNITED STATES, JUN 30 – The dollar dropped over 10% due to tariffs, rising debt, and Federal Reserve concerns, while gold and Bitcoin gained as investors seek safer assets, reports show.

  • The U.S. dollar has suffered its worst start to a year since 1973, declining about 10 percent through 2025 amid President Trump's trade policies.
  • This decline follows historical precedents beginning with Nixon suspending dollar-gold convertibility on August 15, 1971, which destabilized the global monetary system.
  • Trump's tariff war and increasing public debt worries have triggered uncertainty, while debates continue over the Federal Reserve's independence and the impact on domestic manufacturing.
  • The Financial Times reported that global companies with U.S. operations face weaker dollar revenues, and the U.S. Senate is preparing to pass a bill that may expand deficits by trillions.
  • The odds of a crisis have risen sharply over the next four to five years, suggesting risks to the dollar, inflation, and growth, although a crisis is not inevitable.
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136 Articles

ABC FOX MontanaABC FOX Montana
+43 Reposted by 43 other sources
Center

As US stocks hit records, experts see the dollar falling further

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency experts to warn of greater financial market turmoil ahead.

·Missoula, United States
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The Virgin Islands Daily NewsThe Virgin Islands Daily News
+2 Reposted by 2 other sources
Center

The Dollar Has Its Worst Start to a Year Since 1973

The dollar is off to its worst start to a year in more than half a century.

·Cherokee County, United States
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Newsweek broke the news in United States on Monday, June 30, 2025.
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