USD/SEK Long. Commodity currencies will most likely not bear the weight of a stronger dollar. Global commodity currencies are prepared to suffer the most against the US dollar if the dollar continues to strengthen its position. A study of g-10 currencies suggests that the Norwegian krone, the sterling, the Swedish krona, the Australian and New Zealand dollars will record the largest losses. The same study based on the sensitivity of currencies to changes in the US dollar index shows that the Canadian dollar will be the least affected.