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Report
U.S. dollar continues to slide
The Street
Follow
7/8/2025
The dollar had its worst first half of the year in more than five decades.
Category
🥇
Sports
Transcript
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00:00
The U.S. dollar is having a rough year.
00:03
The greenback dropped more than 10% against a basket of global currencies through June.
00:08
It's a worse start to a year since 1973.
00:11
And analysts say the slide may not be over.
00:14
What's driving the decline?
00:16
A combination of slower U.S. growth,
00:18
growing concern over the federal debt and deficit,
00:21
and expectations the Federal Reserve may start cutting interest rates.
00:25
Lower rates typically mean lower returns for investors,
00:28
which makes the dollar less appealing on the global stage.
00:31
As for the outlook, Oxford Economics says the dollar's weakness could stick around until 2027.
00:37
But don't count it out just yet.
00:40
While weakness may persist,
00:42
experts mostly agree that the U.S. dollar is not at serious risk of losing its reserve currency status.
00:48
That'll do it for your daily briefing from the New York Stock Exchange.
00:51
I'm Caroline Woods with The Street.
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