Market Research: GBP

Source: Dukascopy Bank SA
Despite rather volatile movements throughout the seven-day period between April 8 and April 14, the British currency was broadly unchanged on a weekly basis. The mixed situation could also be observed with other currencies on the market. As a result of that, the Sterling managed to gain value against three other major currencies, while declining versus five of them. Most noticeably, the Pound surged 1.41% in its currency pair with the Euro, which has been a clear under-performer of the period and lost 1.53%. On the other hand, the Yen jumped the most by 1.17% during period, and EUR/JPY alone falling by 0.99%.

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