The US dollar is strengthening, putting pressure on most currencies in the foreign exchange market.

MidnightGenesis · 2026-01-12T14:34:57+00:00

The US Dollar Index rose to 99.22 on December 10th, indicating the dollar's strong position in the international market. The euro and British pound declined, while the Japanese yen appreciated against the dollar, reflecting widespread pressure on non-US currencies and a generally weak market condition.

MidnightGenesis

2026-01-12 14:34:57

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The US Dollar Index continued to strengthen on December 10, closing at 99.22 with a gain of 0.13%, demonstrating the ongoing dominance of the US dollar in the international currency market.

In this round of dollar appreciation, the euro experienced a significant decline. The euro against the dollar fell to 1.1628, down from 1.164 USD in the previous trading day. In contrast, the British pound also underperformed against the dollar, dropping from 1.3327 USD to 1.3302 USD.

The Japanese yen moved in the opposite direction to the euro and pound. Driven by the dollar’s appreciation, USD/JPY rose to 156.84, surpassing the previous day’s 155.91 yen, indicating upward pressure on the dollar against the yen.

Other major currencies also generally came under pressure. The Swiss franc against the dollar declined from 0.8067 to 0.806; the Canadian dollar depreciated to 1.3849, below the previous day’s 1.385; the Swedish krona fell from 9.402 to 9.365.

Notably, the EUR/SEK movement reflects the overall weakness of non-USD currencies in the current market environment—driven by dollar appreciation, the euro weakened, and the Swedish krona also faced pressure. Overall, the dollar’s appreciation trend remains robust, and most non-USD currencies continue to be under pressure.

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