Market Research: USD

Source: Dukascopy Bank SA
After enjoying a week of steady growth in the previous period, the USD Index was again hit by disappointing fundamentals, sending the measure into a downslide and ultimately putting it over 1% below its closest peer. Meanwhile, most of the other observed indexes were more tranquil, with their changes less sharp and their trends less pronounced. Notable exceptions were the Loonie's and the Aussie's gauges, with the former surging against the background of the BoC conference and inflation and sales numbers, and the latter dipping in response to the poor Chinese trade balance and then jumping on optimistic Australian labor data.

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