The US Dollar Index slipped more than 3% in March, the worst month for the dollar since 2022. The index is now down 7% year to date after the latest tariff announcement, due largely to trade wars that have weakened the perception of the US dollar’s “safe haven” status, or its position as the world’s reserve currency and prominence in the international trade system. Among other considerations for investors, the value of the dollar relative to other currencies can have a major impact on global companies with international exposure.
Source: Yahoo! Finance, as of March 31, 2025.