The dollar index has fallen to its lowest level since March 2022

The dollar index (DXY), against the background of statements by US President Donald Trump that he has several candidates for the post of chairman of the Federal Reserve System (FRS), updated its lowest value in 28 months. According to the TradingView trading platform, on June 26, the dollar fell by 0.73% to 96.997 points.

The record low value of the US currency index was recorded at 11:41 Moscow time. Later, by 2:44 p.m. Moscow time, the index regained some of the loss and settled at 97.356 points (-0.36%).

The last time such values were seen was on March 1, 2022, the newspaper added.Ru». At the same time, the euro exchange rate against the dollar rose by 0.74% in the FOREX market to $1.1745 per euro. This is the maximum value since September 2021.

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On June 25, The Wall Street Journal (WSJ) reported that Trump, after criticizing current Fed Chairman Jerome Powell, may nominate a candidate for the post of new chairman in the next two months. The newspaper's sources noted that among the contenders for the post are former Fed Board member Kevin Warsh, US Treasury Secretary Scott Bessent, head of the National Economic Council at the White House Kevin Hassett, former World Bank President David Malpas and Fed Steering Committee member Christopher Waller.