Why the Dollar Isn’t as Strong as It Used to Be

The U.S. dollar could see a bit more weakness in 2026, analysts say, continuing its decline after President Donald Trump's tariff plans in April surprised markets. Key Takeaways The dollar weakened as much as 10% this year against a basket of foreign currencies, though it's retraced some of those losses recently and is now down 7% year-to-date. The drop was far from the doomsday "de-dollarization†scenarios that some floated after April—global trade and markets still rely on the U.S. dollar. It did, however, ...