The US dollar strengthens as the euro and Swedish krona show exchange rate pressure

ImpermanentLossFan · 2026-02-22T18:02:06+00:00

The US dollar index rose by 0.21% to 97.824 points, strengthening against major currencies. The euro and other currencies like the Swedish krona and British pound declined, reflecting a preference for the dollar in the foreign exchange market.

ImpermanentLossFan

2026-02-22 18:02:06

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The U.S. dollar index posted a bullish performance, closing with a gain of 0.21%, reaching 97.824 points. This increase reflects the strengthening of the U.S. currency against six major currencies in the New York foreign exchange market. The movement is due to significant fluctuations in the main currency pairs, with some gains more notable than others.

The euro loses ground against the U.S. dollar

The euro experienced a decline in its quotes, dropping from $1.1809 to $1.1794 in the previous session. According to Jin10 data, this euro weakness reflects the pressure facing the eurozone currency amid a stronger dollar. Although moderate, the decline indicates that investors continue to prefer the greenback over other major currencies.

Nordic currencies and other pairs face upward pressure from the dollar

The Swedish krona also felt the pressure, moving from 8.9864 to 9.0363, experiencing a depreciation in its valuation. Similar upward movements of the dollar were observed with other currencies: the British pound fell from $1.3663 to $1.3549, while the Japanese yen moved from 156.82 to 156.90 yen per dollar. The Swiss franc and the Canadian dollar also lost ground, trading at 0.7774 and 1.3682 respectively.

In conclusion, the current exchange rate landscape shows a rising U.S. dollar, while currencies like the euro and the Swedish krona face corrective pressure in the global forex market.

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