The US dollar weakens, index drops in mid-February

ProxyCollector · 2026-02-12T08:11:30+00:00

On February 4, the US Dollar Index fell by 0.21% to 97.434, indicating ongoing volatility in the global foreign exchange market. Major currencies like the euro, pound, and yen strengthened against the dollar, reflecting complex market dynamics.

ProxyCollector

2026-02-12 08:11:30

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On February 4th, the US Dollar Index, which reflects the movement of the currency against six major trading partners, declined by 0.21%, closing at 97.434. This dollar weakening indicates ongoing volatility in the global foreign exchange market.

Based on the latest data from the forex market, the exchange rate composition shows: the euro strengthening to 1.1811 per dollar, the British pound at 1.3684 dollars, the Japanese yen reaching 155.77 per dollar, the Swiss franc at 0.7756 dollars, the Canadian dollar equivalent to 1.3644 per dollar, and the Swedish krona at 8.9154 per dollar. According to ChainCatcher, this downward movement of the dollar reflects complex market dynamics, with several major currencies showing relative strength against the US dollar.

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