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## US Dollar Gains, Index Breaks 98.6
The US dollar continues to show strength in global currency markets. According to data from Golden Ten Data, the dollar index increased by 0.11% on January 8, closing at 98.683 at the end of the session. The dollar index, which measures the value of the US currency against six major international currencies, reflects the robustness of the US economy in the global currency landscape.
In the details of the final quotations of the New York session, interesting dynamics emerge among the main currency pairs. The euro lost ground, trading at 1.1682 dollars compared to 1.169 the previous day. The British pound followed the same downward trend, moving from 1.3502 to 1.3464 dollars per unit.
On the other side, several currencies experienced upward pressure against the greenback. The Japanese yen weakened, with the exchange rate rising to 156.74 yen per dollar from 156.63 in the previous session. The Swiss franc registered a similar dynamic, increasing the exchange rate to 0.7975 francs per dollar from 0.7954 previously. The Canadian dollar further declined, with the cross reaching 1.3845 Canadian dollars per US dollar compared to 1.3805 in the previous session.
Regarding the Swedish krona, the Scandinavian currency showed resilience, trading at 9.1819 kronor per dollar, down from 9.1966 the previous day, indicating a slight appreciation of the Swedish currency amid the overall strength of the US dollar.