Axios: Big America hedge affects dollar's global standing

Category:
Updated:2025-06-27
News10

The dollar index peaked when President Trump was inaugurated. But it has since "fallen farther, faster than in any year since the U.S. abandoned fixed exchange rates," Karl Schamotta, a currency strategist at payments firm Corpay, tells Axios.

Axios: Big America hedge affects dollar's global standing

LinkEmailTwitterLinkedin

Switch to Corpay

Discover how making the move to Corpay streamlines payments and strengthens your business.

Talk to an Expert