The U.S. dollar has had a rough go of it in 2025, falling by about 11% during the first half of the year alone. That was its worst performance for the period in more than five decades, according to J.P. Morgan Asset Management.
The dollar has since been on a steadier path, though the U.S. Dollar Index was still down more than 8% for the year as of Nov. 12. The dollar has faced pressure on multiple fronts this year, from tariff fallout to international concerns that U.S. currency is no longer a safe haven.
