Dollar Index Falls 0.03 Percent to 100.222 as Euro Rises
The U.S. dollar weakened against major peers on Friday. The euro climbed to 1.1483 dollars in late trading.
Key points
- The U.S. dollar index dropped 0.03 percent to 100.222 on Friday.
- The euro rose to 1.1483 U.S. dollars while the pound hit 1.3391 dollars.
- China-ASEAN trade totaled 1.05 trillion U.S. dollars in 2025, up 7.4 percent.
The U.S. dollar index lost 0.03 percent to close at 100.222 on Friday. This slight decline marked a broader softening of the greenback against its major peers in late trading.
The euro appreciated to 1.1483 U.S. dollars from the previous session's 1.1475. The British pound also strengthened, rising to 1.3391 dollars from 1.3353 dollars earlier in the week.
Dollar Strengths and Weaknesses
The dollar gained ground against the Japanese yen, reaching 156.68 from 156.04. It also held firm against the Canadian dollar, edging up to 1.3993 from 1.3992.
Conversely, the currency weakened against the Swiss franc, falling to 0.8221 from 0.8248. The Swedish krona saw a modest gain, with the dollar rising to 9.8333 from 9.8256.
China ASEAN Trade Expansion
Bilateral trade between China and ASEAN exceeded 1 trillion U.S. dollars in 2025. This total reached 1.05 trillion dollars, representing a 7.4 percent year-on-year increase.
Trade volume continued to surge in early 2026, hitting 744.41 billion dollars by July. This figure marks a 24.7 percent rise and accounts for 21.8 percent of China's total foreign trade.
Pinglu Canal Logistics Impact
The 134.2-kilometer Pinglu Canal opened to traffic on Wednesday, linking Hengzhou to the Beibu Gulf. This new route provides a faster, cost-competitive intermodal shortcut for goods moving into southwest China.
Exhibitors at the China-ASEAN Expo noted that the canal reduces transit times and product losses. It allows direct river-sea entry to Guangxi, bypassing previous bottlenecks via Guangzhou and overland transfers.
