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Dollar Falls to 3-1/4 Year Low as President Trump Looks to Fast-Track His Pick for New Fed Chair

Foreign Exchange & Fixed Income

Rich Asplund

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June 26, 2025

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Barchart

The dollar index (DXY00 ) on Thursday fell by -0.54%, reaching a 3-1/4 year low. The dollar retreated following a Wall Street Journal report that said President Trump is considering accelerating the announcement of the next Fed Chair. The dollar remained lower on Thursday’s US economic news of a downward...

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