Market Research: EUR

Source: Dukascopy Bank SA
The EUR Index was steadily growing after its slump over the ECB's rate cut on September 4, but this week seemed to see its long recovery come to a halt. The single currency posted loses against four of its observed peers and came at a tie with the Greenback, thus outweighing only the yen, the Aussie, and the Kiwi. The fallback, however, was not major enough to critically affect the index long-term performance — its monthly and half-yearly loses stayed around the same level, while the yearly change slid from +0.1% to slightly below zero.

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