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The US dollar recorded its longest monthly fall since 2017.
Golden Finance reports that the Bloomberg Dollar Index declined in month-end trading, heading towards the longest continuous monthly decline in eight years, as Trump’s latest version of the massive tax cut plan in Congress has drawn investors’ attention. The Euro reached a new high since 2021. The Bloomberg Dollar Spot Exchange Rate Index fell by 0.4%, down 2.1% overall in June; marking the sixth consecutive month of decline, the longest streak of monthly declines since 2017. The ICE Dollar Index fell by over 10% in 2025, marking the worst first half performance since 1973.