Market Research: EUR

Source: Dukascopy Bank SA
The EUR Index continued to go narrow during the first days of spring, finishing on the position of last best performer. The index to fare better was the Japanese Yen measure, which held on a steady uptrend since Monday and took its conclusive advance on Thursday, hitting a fresh 17-month high. The Yen was positively affected by Japanese Prime Minister Shinzo Abe announcement, that countries should avoid weakening their currencies with arbitrary intervention as well as by dovish Fed's statements. On the other side of the baseline, the Pound remained the leader as Brexit concerns overshadow the return of risk sentiment after oil prices bounced back from one-month lows.

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