Market Research: EUR

Source: Dukascopy Bank SA
After rather flat pre-Christmas week for the single European currency, during January 2-8 time period the Euro declined rather considerably as it registered the third strongest fall among major currencies. During the first day of the period on Friday the Euro traded just above the baseline, but on Monday it slid below the zero level and remained there until January 8. On overall, the shared currency lost 1.16% in one week, even though the worst performer used to be the British pound which plunged 1.98%. New Zealand's and Japanese currencies, however, gained the most by rising 1.83% and 1.71%, respectively.

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