The US Dollar Slightly Weakens, Rival Currencies Show Moderate Growth

digital_archaeologist · 2025-12-18T18:01:11+00:00

On December 2, the forex market saw moderate movements, with the US dollar index falling 0.06% to 99.357. The euro strengthened against the dollar, while the yen saw significant gains against the dollar. Overall, other currencies also showed a declining trend against the dollar, indicating short-term challenges for the dollar.

digital_archaeologist

2025-12-18 18:01:11

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On December 2, the foreign exchange market recorded relatively smooth movements with the US dollar index, which measures performance against six major currencies, down 0.06%, ending at 99.357. This decline indicates a moderate weakening of the dollar amid global market dynamics.

In terms of currency pairs, the Euro emerged as the day’s winner, rising from 1.1608 to 1.1622 dollars, reflecting a relative strengthening against the US dollar. Meanwhile, the British Pound Sterling moved in a nearly stable range, slightly decreasing from 1.3213 to 1.3211 dollars.

In the Asian region, a different dynamic was clearly visible. The US dollar strengthened significantly against the Japanese yen, reaching 155.88 yen from the previous level of 155.48 yen. However, the dollar’s performance declined when facing the Swiss franc, weakening from 0.8044 to 0.8032 francs.

Other currencies also showed similar trends against the dollar, which experienced a decline in value. The Canadian dollar strengthened its position, traded at 1.3971 from 1.3997 the previous day, while the Swedish krona also followed the same path, reaching 9.4286 kronor compared to 9.4589 kronor the day before. This trend reflects a market condition that is slightly less supportive of the US dollar in the short term.

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