Market Research: EUR

Source: Dukascopy Bank SA
The releases of significant economic news, which notably influenced the currencies, were concentrated on the first and the last day of the observed period. Only few releases took place on Monday-Wednesday, which, in fact, did not significantly affected the market. However, the CAD index was quite changeable during these days. For example, on Tuesday it decreased by 1.2% against the background of falling oil price. The most dramatic movements of the currency indexes occurred on Thursday. The day started with Aussie's depreciation. The currency index lost 0.8% of its base value after the announcements of unexpectedly negative employment change and significantly growing unemployment rate in January.

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