Market Research: CAD

Source: Dukascopy Bank SA
After spending the previous period below the baseline and ending up with the largest loss, the Canadian dollar recovered and became the best performer of the week. However, all currencies ended the period with the change not exceeding 0.5% level. The unexpectedly low UK Trade Balance pushed the GBP index down, and it has ended the period with the worst result. August 8 was rich with news coming from Japan. Despite weaker exports, BoJ decided to keep monetary policy unchanged in August, and JPY index gained the week's best value of 100.95. Nevertheless, the yen have finished the week with only the second-best result, losing 0.07% against CAD.

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