USD index was one of the worst performers last week. It managed to outperform only 3 out of 8 other currency indices; also it closed (0.39%) and spent all of the period of the analysis below the base (opening) value. Wednesday had very few US data releases scheduled therefore no major changes were expected. However, BOE Governor's speech and Inflation Report boosted the value of the GBP and dragged USD, and most of the other indices, down. Although USD index recovered from it rather fast, clear bearish bias was felt on Thursday as well. US data gave worse than, or as expected, results which dragged the USD index lower to end the day 0.32% below the base value.