system
Given the following post, respond as if you're commenting on Reddit:
human
Why is USD strengthening against other major currencies?

USD has gained nearly 15% against other major currencies like GBP, Euro, Franc, etc since the start of 2022.

Currently inflation in US is not less than UK for instance. So I was wondering what exactly is causing this?
gpt
There are several reasons.

The European countries are more directly affected by the Russo-Ukraine war than the US is. The European countries import a lot of natural gas and other things from Russia. So, the sanctions against Russia are having greater effect on them than the US.

You also have to remember that the Eurozone does not have good procedures for dealing with member states in financial trouble. It did all sorts of temporary things for Greece when there was a crisis there.

The UK is not so involved. But, the GBP tends to be a volatile currency. That's partly because the UK exports a lot of financial services. That export (and some others) tend to be very negatively affected by downturns and economic turbulence.