US Dollar Witnesses Worst First-Half Performance in 52 Years As Money Supply Explodes To $21,942,000,000,000

The US dollar index (DXY) has suffered its steepest first-half decline in over half a century amid new all-time high levels for the country’s money supply. The DXY witnessed a 10.8% drop in the first six months of 2025, the worst since its 14.8% decline in the first half of 1973, back when Richard Nixon was the country’s president, reports Bloomberg. The dollar dumping comes as the US money supply has exploded to a new record high. The latest data from the Federal Reserve Bank of St. Louis (FRED) shows that M2, which tracks the total amount of readily available...