U.S. Dollar Index Rises Against Major Currencies

The U.S. Dollar Index, which measures the dollar against six major currencies, increased by 0.35% on May 12, closing at 98.298. According to ChainCatcher, the exchange rate for the euro fell to 1.1741 dollars from the previous day's 1.1775 dollars. The British pound was exchanged at 1.3532 dollars, down from 1.3629 dollars. Meanwhile, the dollar strengthened against the Japanese yen, trading at 157.59 yen compared to 157.21 yen the day before. The dollar also rose against the Swiss franc, trading at 0.7808 francs, up from 0.7782 francs. Additionally, the dollar increased against the Canadian dollar, reaching 1.3701 from 1.3673, and against the Swedish krona, trading at 9.2926 compared to 9.2235 the previous day.