Market Research: EUR

Source: Dukascopy Bank SA
Euro index, few weeks being in the opposite end, was one of the best performers last week. It was surpassed only by the Swiss franc index (mainly due to 1.2 cap). Monday was rather calm day, all of the indices, with the exception of JPY, spent the day +/- 0.4% around the base (opening ) value. Tuesday's data releases/events pretty much shaped the most of the period for the Euro, Swiss franc and some of the other currencies. Euro index gained 0.65% during the day and closed 0.71% above the base value. US data releases on Wednesday did not bring much changes for the Euro index. It ended the day 0.78% above the base value; that's a 0.07% gain during the day.

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