The US dollar continues to fall sharply in value against other major currencies , continuing the trend that saw its steepest annual drop in almost a decade in 2025. The dollar fell by 1.3% against a basket of currencies on Tuesday, meaning that it has fallen by 2.6% since the start of 2026. It slumped by 9.5% in 2025. The fall in the dollar has implications for the euro  and other currencies. The single European currency has now hit the $1.2 level for the first time since 2021, while the