Market Research: EUR

Source: Dukascopy Bank SA
The past period was all about a standoff between the safe-haven and the commodity currencies, with the inflows and outflows of investors creating a rollercoaster for the indexes. The most sensitive one was the Kiwi's gauge that suffered the broadest zigzags, but ultimately posted the highest weekly growth. Its Australian counterpart followed largely the same pattern, but lacked the initial momentum the Kiwi's gauge carried over from the previous period, and thus held on lower levels, only managing to edge into the appreciation area by the end of the week. The Loonie's index, in turn, had a smoother trajectory, sliding to the period's low by late Tuesday and recovering to post the second-highest gain.

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