Market Research: USD

Source: Dukascopy Bank SA
The past week was quite successful for the Greenback. In contrast to the previous week, it spent most of the time above the baseline ending up as a second best performer of the period. The first place was taken by AUD, which had its biggest breakthrough on Thursday alongside with USD and CAD. The same day was crucial for European currencies, especially the Euro and the Swiss franc. They lost more than 1% of the opening value after unexpectedly bearish ECB Interest Rate Decision was announced. Nevertheless, GBP was the most unsuccessful of the currencies, as its index was constantly sinking during the period and, as a result, ended up below -1.5% mark.

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