Market Research: USD

Source: Dukascopy Bank SA
As most of the other currency indices, USD, ended the period of analysis below the base (opening value). The only two noticeable outperformers were the SEK and NZD Indices. The first one benefited heavily from the Eurozone data on Friday and yesterday, whereas the latter one got a boost from the Asia-Pacific data releases on weekend. USD index started the period with a 0.4% gain on the back of the New Home Sales data. That was the highest level of the index in the period of the analysis. It started to demonstrate clear bearish bias on Thursday as major data releases from other economies were coming out better than expected and US numbers, even when better than expected, weren't that optimistic.

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