Market Research: EUR

Source: Dukascopy Bank SA
During the previous days, the observed currencies managed to go through some notable ups and downs. The yen became one of the best performers of the period with a 0.59% increase during the Asian session, on Friday, after the Chinese government fixed a slightly stronger yuan mid-point. Also, Chinese trade figures had great impact on Australian dollar, as data came with a much better numbers than markets anticipated, raising the outlook for demand from Australia's biggest trade partner, however, the overall trend for the aussie remains bearish. The Kiwi's gauge, on the other hand, was gradually decreasing through the whole period and ended the week with the worst result, losing 1.38 points, after oil prices fell to a 12-year low, while Chinese stock markets also posted notables looses.

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