Market Research: USD

Source: Dukascopy Bank SA
Tables have turned for the U.S. dollar in the past week, pushing the greenback's Currency Index to hold above the base value throughout the whole period for the first time since late May. Driven by both favourable U.S. data and weakness of other currencies, the dollar managed to surpass six out of its eight observed peers, losing only to the yen and the kiwi. However, the 0.51% gain over the week was not enough to overpower the long-term tendencies, and the U.S. dollar Currency Index monthly, half-yearly and yearly changes remained negative.

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