Market Research: USD

Source: Dukascopy Bank SA
The week was not rich with the US fundamentals, but some of the few noteworthy releases managed to seriously shaken the dollar's position, causing major downslides and ultimately putting the index below its peers. Meanwhile, the Euro's gauge posted the greatest weekly growth, as it started on an uptrend against the background of the weakening dollar and ended up outperforming the previous period's leader – the GBP Index. The latter, fuelled by the previous week's parliamentary election and supported by the BoE unchanged monetary policy, started the week with a 1.4% gain, but struggled to hold the level and found itself zigzagging around the 101.0 mark.

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