Market Research: EUR

Source: Dukascopy Bank SA
After posting the greatest gain over the previous period, the SEK Index went into a downslide and ultimately became the worst performer with a 1.5% weekly loss. Meanwhile, the dollar's gauge, which reacted dramatically to the Fed's interest rate decision, was recovering during the period and ended up outpacing all its peers. The AUD Index, in turn, experienced the most conspicuous and sharp movements. Starting from Tuesday, it was weakening following a stepwise pattern with drops in the beginning of European sessions on Tuesday and Friday and clear negative reaction to the Caixin manufacturing PMI, which came out at the lowest since March 2009 level. However, a recovery seen in commodities drove all associated currencies up on Thursday, and the AUD Index finished the period at the 99.0 points level instead of 98.0 mark it fell to earlier that day.

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