Market Research: AUD

Source: Dukascopy Bank SA
Even though the Australian Dollar performed in the most negative way among major currencies in the beginning of the period, this currency managed to overcome weakness and finish the trading week ahead of four its counterparts. All in all, the Aussie has only decreased by 0.12% from Wednesday of the previous week till Tuesday of this week. At the same time, the most significant decline was registered by the Swedish Krona and Japanese Yen, which slumped 1.04% and 0.62%, respectively. Moreover, the Nordic currency is also currently having the strongest yearly plunge which amounts to 15.22%.

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