Market Research: USD

Source: Dukascopy Bank SA
During the past trading week there were several events that notably influenced the observed currencies. The Euro became the worst performer, as its index finished the period with more than a 1.5% loss. Such result was greatly influenced by the ECB bond buying actions on Thursday. The most successful was the Swedish krona, whose index gained almost 1% after the Swedish GDP turned out to be much better than predicted. The Loonie was another currency to be greatly influenced by one major economic event, as its index surged to the 100.5 points level on Tuesday, against the background of the BoC governor's Poloz comments, and remained on this level till the end of the week.

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