Market Research: USD

Source: Dukascopy Bank SA
USD index was one of the worst performers in the period of analysis. It managed to outperform only JPY index which was hit heavily by the ECB rate decision after the Japanese 30-y Bond Auction that took place earlier. We saw quite a few data releases from the US on Wednesday, but USD index felt none of it and was +/- 0.07% around the base (opening) value. However, it lost 0.2% on the ECB Bid Rate decision on Thursday.  Index started recovering afterwards, but was hit by the Non-Farm Employment Change data on Friday. It dragged the index 0.3% lower and caused it to close 0.45% below the base value. That was a defining moment in the period for the USD index.

To view this report in a full screen you may use this link

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.