President Barack Obama’s approval ratings have dipped to their lowest level since January on deep economic worries, wiping out most of his lead in the White House race over Republican rival Mitt Romney, a Reuters/Ipsos poll showed on Tuesday.

The number of Americans who approve of Obama’s job performance dropped to 47 percent from 50 percent a month ago, his lowest level since early January. The number who believe the country is on the wrong track rose six percentage points in a month to 63 percent.