US dollar heads for worst first half in more than 50 years amid Trump tariffs

Currency sold off due to concerns economic policies threaten safe-haven role of US dollar-denominated assetsThe US dollar is on track for its worst first half-year in more than 50 years, after six months in which financial markets were dominated by geopolitical crises and Donald Trump’s trade war.The dollar has fallen by more than 10% against a basket of currencies since the start of 2025. That is its worst performance over the first six months of any year since 1973, and the worst half-year since the second half of 1991. Continue reading...

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