World champions Spain pipped the US to regain the top spot in FIFA’s latest women’s rankings despite losing to England in the final of the European Championship last month.

The US held the top position since August last year after winning gold at the Paris Olympics. Spain were No. 1 from December 2023 to June last year after their World Cup victory. The latest rankings were released by world governing body FIFA on Thursday.

England, who have won back-to-back Euros and lost to Spain in the final at the 2023 World Cup, moved up one place to fourth. Brazil dropped three positions and are ranked seventh despite successfully defending the Copa America to win their ninth continental title.

Sweden and France were big movers after impressive showings at the Euros. Sweden rose three places and is now ranked third after being eliminated on penalties by England in the quarterfinals. France, on the other hand, moved up four places to sixth after also losing in the quarterfinals.