Dollar Falls to 2022 Lows as Euro Surges 14%, Carry Trade Volatility Spikes
The U.S. dollar has dropped to its weakest level since 2022, with the euro gaining 14% and the British pound up 7% in 2025. Carry trade collapses have triggered sharp currency swings, including a 17% plunge in the Turkish lira, while markets await a Federal Reserve leadership transition in June 2026.
ViaNews Editorial Team (Finance)•