The dollar is on track for its worst yearly performance in eight years, with analysts expecting further declines in the last sessions of 2025.
Today, the Bloomberg Dollar Spot Index declined by 0.3%, and it has decreased 8.2% this year, heading toward its largest decline since 2017. Another small drop could make this the worst year for the currency in at least twenty years.
Today, the Canadian dollar rose to its highest point since August.
Over the past month, the Mexican Peso has strengthened 3.06%, and is up by 11.11% over the last 12 months.
The slide coincides with holiday travelers enjoying some relief at the pump this year, as the average price of unleaded gasoline in the U.S. has remained below $3 a gallon for most of the month — the lowest since 2021.
The AAA stated that December is expected to be the cheapest month for drivers to fill up since 2020.
By CEO NA Editorial Staff
