Market Research: EUR

Source: Dukascopy Bank SA
The EUR Index reported another soft period, wavering near the baseline for most of the week. Meanwhile, the pound was most determined in its growth, as its index started on an uptrend on Monday, and by Thursday stood more than one point higher than its closest peer, the franc's measure. Both gauges went to their sharpest surges on Wednesday, when the pound was pushed up by strong wage growth, but the franc soured as the investors looked for safe haven amid discouraging Greek negotiations. On the other side of the baseline, the NZD Index was leading the tumble. It started to go south on early Wednesday, weakening in anticipation of the GDP data, and then lost 1.5 points when the numbers came in well below expectations. The second-worst was the dollar's gauge that lost its footing on dovish FOMC statement.

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