A cashier has a American dollar bank tickets in a money changer in Yakarta, Indonesia, on April 9, 2025.
Willy Kurniawan | Reuters
The US dollar continued its slide on Monday, falling to its lowest level since 2022, as world investors withdraw from US assets due to the tension between President Donald Trump and the Federal Reserve.
He American ice dollar indexHe measures his green back against a basket of foreign currencies, fell as low as 97.92 on Monday. That is the lowest level for the index since March 2022, according to the data set.
The index was the last 1% in the day at 98.38.
The American Dollar Index ICE reached its lowest level since 2022 on Monday.
The dollar has fallen abruptly since the inauguration of President Donald Trump in January. The launch of April 2 of the global reciprocal rates seemed to stimulate a sales round. Trump’s criticism or the president of the Federal Reserve, Jerome Powell, last week, together with the Economic Advisor of the White House, Kevin Hassett, saying that the president and his team are exploring whether Canove the head of the Central Bank, appears to have pressed even the green cover.
Trump criticized Powell again on Monday, calling the Fed president “Mr. Too Tarto” and “a great loser” in a publication about Truth Social.
“We are seeing a clear market signal that he does not like the idea that the president could try to eliminate the president of the Fed. There has been a loss of confidence in the formulation of economic policies of the United States in recent weeks. We have seen in Lon very rare, combined with a dollar dollar.
Andy Laperriere, head of American policy at Piper Sandler, said similar Conns about a change in the Fed in a client note on Monday.
“We are looking at a president who is determined to put Washington upside down. The investors who ignored Trump’s own words who proclaimed higher tariffs were evil in doing so. In the same way, it would be an error in the Trump,” Laperriere wrote.
The dollar is seen as the global reserve currency, and US assets have exceeded the rest of the world during the last decade, which increases the growing demand for Greenback. However, US shares and bond markets have fallen the duration of the tariff between the Trump administration and other foreign leaders, appealing to drag the dollar with the issue.
On Monday, several of the coins that have won more against the dollar that change this period again moved. He euro won 1.3% against Back Green, while the Japanese and Swiss Franco He also gained ground.
– CNBCS Michael Bloom contributed reports.