Market Research: EUR

Source: Dukascopy Bank SA
The Swedish krona became the top performer with a 0.77% gain over the week. The pound, in turn, have spent all the period below the baseline and suffered great 0.85% losses on Wednesday as BoE Quarterly Inflation Report dampened the hopes of future interest rate rises and cut wage growth forecast. As a result, GBP was the worst performer and lost 1.06% of its base value over the week. One more conspicuous moment was the CAD response to a pessimistic employment data on Friday, when it lost 0.65% of the value, but had fully recovered till the end of the observed period. The rate changes of other currencies under study remained in the range between -0.54% and 0.54 %.

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