Market Research: USD

Source: Dukascopy Bank SA
The USD Index was more confident compared to the previous period, and as its track turned from a flat line to an uptrend, it finished the week with the second highest weekly growth. 0.2 points behind it was the pound's gauge that surged above 100.5 point level on Wednesday and managed to hold above it for the rest of the period. The best performer, in turn, was the CAD Index, which skyrocketed on Friday, fueled by the stronger than expected Canadian inflation numbers, and posted the highest weekly growth since the end of September. The last day of the period was the most eventful one as it also saw the Aussie and the Kiwi jump in response to the PBOC rate cut, and the Euro tumble with Mario Draghi's comments on the urgency of the inflation raise and the ECB's readiness to widen its asset purchase plan.

To view this report in a full screen you may use this link.

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.