Market Research: USD

Source: Dukascopy Bank SA
The Greenback managed to overcome a series of setbacks, and its index spent the past week above the baseline, becoming the best performer of the period with a 1.58% gain. The USD Index held the leadership during almost the whole period, however, it lost the completion to the yen over the weekend. The Greek issue, which was the main driver for the Euro for the past few weeks and pushed the single currency below all its peers, has affected the market as a whole, too. Thus fears of weakening of the Euro zone and neighbouring economies led to the strengthening of the yen, and the JPY index jumped to 101.98 mark, gaining 1.72 points.

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