Overview

• The US dollar has declined by approximately 10% against the euro since January 2025, reaching its weakest level in over three years.
• Gold prices have surged 20% year-to-date, hitting record highs of $3,245 per ounce, while the Swiss franc has appreciated by 10%.
• Analysts attribute the dollar's decline to President Trump's chaotic tariff policies and attacks on Federal Reserve Chair Jerome Powell, which have fueled market uncertainty.
• A weaker dollar benefits European consumers by reducing the cost of dollar-priced goods, helping to curb inflation in the Eurozone.
• Despite the euro's gains, experts note it is not yet a viable alternative to the dollar as a global reserve currency, with potential future diversification including China's renminbi.