The U.S. Dollar Index by President 💵

What We're Showing

This graphic shows the performance of the U.S. Dollar Index by president since 1967, based on data from TradingView.

Key Takeaways

• When the U.S. economy is strong relative to global economies, the value of the U.S. Dollar Index (DXY) often rises, given higher demand for the safe haven asset.
• The DXY ascended sharply to record highs in 1985 during Ronald Reagan's presidency when the federal funds rate reached 18%.
• By contrast, the dollar hit all-time lows in 2008 during the global financial crisis under George W. Bush.
• If Trump follows through on tariffs, which could rekindle inflation, the Federal Reserve may keep interest rates elevated, which could cause the dollar to strengthen.