The dollar slid to its weakest level in nearly four years as US policy risks and a resurgent yen weigh against the world’s reserve currency.

A new chart showing the US dollar’s crashing value has surfaced online, raising concerns.

SINGAPORE, Jan 28 (Reuters) - The dollar was on the ropes near multi-year lows on Wednesday after investors sold it aggressively when U.S. President Donald Trump seemed to shrug off its recent decline,

Fears of de-dollarization are growing. Peter Schiff has issued a stark warning that the U.S. dollar is getting "crushed." However, some analysts noted that the

US President Donald Trump has been a vocal advocate of a weaker US Dollar, citing devaluation attempts by countries such as China and Japan. He also believes that a weaker Dollar will promote export competitiveness and bring down the country's trade deficit.

The US dollar extended losses to sink to a four-year low against a basket of currencies on Tuesday (Jan 27), after President Donald Trump said the value of the dollar is "great" when asked whether he thought it had declined too much.

DXY has taken quite a significant hit after its strong start to 2026. But the resilient US economy supports the dollar and could lead to sudden inflows into greenback after the FOMC meeting.

The US dollar (DX-Y.NYB) took another leg lower after President Donald Trump dismissed concerns that it has fallen too far. Hear Trump's comments at a restaurant in Iowa.

The US Dollar Index hits a 4-month low amid yen intervention talk, raising big questions for crypto markets in 2026.

Wall Street ticked to a record on Tuesday, as stocks zigzagged following mixed profit reports from UnitedHealth, General Motors and other big companies. The S&P 500 rose 0.4% and edged past its prior all-time high set a couple weeks ago.

As the dollar slides, stablecoins see a sharp spike in trading.

The dollar rose slightly against a basket of currencies and could find some degree of stability after two days of heavy selling, ING said.