Market Research: EUR

Source: Dukascopy Bank SA
The EUR Currency Index remained virtually unchanged throughout the previous week, giving up only 0.03% of its value. Even the six month period did not see the single currency undergo considerable changes, with the euro index gaining modest 2.46%. The index suffered some sharp declines in the begging of the depicted period, bottoming on Monday with a 0.47% loss. On Tuesday the Euro started a slow recovery, but an excessive decline in the German ZEW Economic Sentiment made a contribution to the minor and brief fall of the index. The Euro reached its highest value of 100.08 on Thursday, and by the end of the period came back to the initial level.

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