Market Research: USD

Source: Dukascopy Bank SA
During the past week the market was mostly driven by the Chinese economic news. Renewed worries about the world's second largest economy sent traders to traditional low-risk yen and Swiss franc. As a result, the yen's index finished the period with a significant gain of 4%. Meanwhile, the situation hurt the Pacific currencies, whose economies export heavily to China. Thus, the Aussie and the Kiwi turned out to be the absolute losers with 4% depreciation of their indexes. The rest of the currency indexes remained in relatively narrow range of 98.5-102 points.

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