Market Research USD

Source: Dukascopy Bank SA
The USD Index remained below the baseline for the third week in a row, putting its month-on-month change into the negative territory. The dollar itself posted weekly losses against seven of its eight major peers and recorded positive change only against the Kiwi, which tumbled after the release of weaker-than-expected GDP. Meanwhile, the pound's gauge was the first among the period's leaders, as it pulled well ahead of its peers on strong wage growth and kept edging upwards till the end of the week. The week's strongest upsurge, however, was recorded by the AUD Index as it rallied on Thursday against the background of the dollar's weakness.

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