Market Research: USD

Source: Dukascopy Bank SA
The USD Index continued its strengthening trend, closing this year's most successful period with a 1.42% weekly gain. Backed up by a heightened expectations of a rate hike, the Greenback yielded only to the pound and stroke a virtual tie with the Euro, leaving all other peers far behind. On the longer-term scale, the appreciation gained momentum as well, with the index monthly change reaching +3.54%, while both half-yearly and yearly gains exceeded 4%. With such readings, the U.S. dollar came to be the period's top performer amongst the observed currencies.

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