Market Research: AUD

Source: Dukascopy Bank SA
The Japanese yen was the best performing currency in the period from October 1 till October 7, as its currency index advanced considerably on growing service sector of the economy and unchanged monetary policy stance from the Bank of Japan. The largest increase was seen exactly on Friday, when the BoJ made its final decision on interest rates, as it helped the Japanese currency to end period with a jump of 1.23%. Among worst performers, the British Pound's index dropped 1.14% on disappointing news on manufacturing and services activity, even though construction sector expanded. The single European currency, in turn, ended the period virtually unchanged.

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