Market Research: EUR

Source: Dukascopy Bank SA
The past period was a dynamic one for the observed currencies, packed with wide moves and direction changes. The broadest downslide was suffered by the Aussie's gauge on Tuesday. Set off by the greater-than-expected decline in Chinese imports, it ate away almost 2 points of the index's value within the day. Another impressive plunge happened to the SEK Index, which slipped on unemployment numbers on Thursday morning and lost 1.5 points by late afternoon. The GBP Index was one more gauge to go through a sharp fall, as it lost 0.2 points in half an hour on the UK CPI data released on Tuesday. Meanwhile, the longest rally was produced by the Kiwi's gauge, which reached its low of 99.3 points on late Tuesday and then raced to peak above the 102 mark at the end of the period.

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