Market Research EUR

Source: Dukascopy Bank SA
The Euro Currency Index dropped 0.13% - a record low among the results for the past month, - as the single currency finished the period on the losing side against most of its peers. The overall performance, however, was far from worst, with the index climbing steadily up in the beginning of the week. But the run-up was cut short by the disappointing CPI data, first from Germany on Tuesday and then from the Eurozone a day later. Though there was a short recovery in the end of the Wednesday Purple area, when the EUR index crossed the 100 point mark as some of the other indices experienced a sharp fall, the strength of the single currency still met the end of the period below the base value. 

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