2026-01-07 22:23:35

The US Dollar Index continued to rise, closing up 0.11% on January 8th at 98.683. This rally reflects the dollar's strong position in the foreign exchange market.

Looking at specific currency pairs, the performance varies. The euro was relatively weak, with 1 euro exchanging for 1.1682 USD, down from 1.169 in the previous trading day. The British pound also retreated, with 1 GBP exchanging for 1.3464 USD, down from 1.3502 USD the day before. The Japanese yen depreciated, with 1 USD exchanging for 156.74 JPY, higher than the previous 156.63 JPY.

The Swiss franc and the Canadian dollar both depreciated against the dollar. The Swiss franc was at 0.7975 CHF per USD, up from 0.7954. The Canadian dollar showed a more noticeable increase, with 1 USD exchanging for 1.3845 CAD, up from 1.3805. In contrast, the Swedish krona appreciated slightly, with 1 USD exchanging for 9.1819 SEK, below the previous 9.1966.

Overall, the dollar maintained its advantage amid this round of forex volatility, with major developed economies' currencies generally under pressure. For traders monitoring global financial trends, these exchange rate movements also indirectly influence liquidity and risk appetite in the crypto market.

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DegenDreamer

· 01-08 12:09

The US dollar is bleeding again, now all other currencies have to kneel.

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ForkInTheRoad

· 01-07 22:51

The US dollar is flexing its muscles again; looks like I need to stock up on some stablecoins.

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DataBartender

· 01-07 22:51

The US dollar has risen again this wave, while other currencies like the Swiss Franc and the Canadian dollar are all falling, it feels like they can't hold on anymore. The euro is the worst, dropping directly, let's see how BTC will react next. It's another day of US dollar appreciation, this rhythm... the crypto market is going to eat dirt. The Japanese yen is depreciating so quickly, no wonder central banks around the world can't sit still. Buying long during the strength of the US dollar is never wrong, at least for now, this logic makes sense. All other currencies are under pressure, only the US dollar is thriving, a very typical risk-averse sentiment. If this data is on-chain, liquidity must be shrinking, better to hold coins and watch for now. European currencies are really taking a hit, the Swiss Franc and the Canadian dollar are also depreciating, the US dollar has won again this time. The US dollar is at 98.6 and is about to break 100, when will this end?

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TopBuyerForever

· 01-07 22:50

The US dollar is so strong, is my USDT going to depreciate again...

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EyeOfTheTokenStorm