Market Research: EUR

Source: Dukascopy Bank SA
After holding above the baseline for the past two weeks, the EUR Index turned to weaken and ended the period with the greatest weekly loss since the beginning of October. In the long run, it came to be the second-worst performer, outpacing only the Swedish krona's gauge on the half-yearly and yearly basis. The Euro depreciated against five of its eight observed peers, losing more than 1% versus the Canadian and the US dollars, and over 0.8% against the Aussie and the pound. Meanwhile, its strongest growth, achieved in EUR/JPY and EUR/NZD pairs, barely exceeded 0.4%.

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