Market Research: EUR

Source: Dukascopy Bank SA
Compared to the period ending on May 13, the EUR Index showed a similar result of close to no change over the five trading days, albeit spent considerably more time below the baseline. The index long-term changes remained unsettled, as monthly progress exceeded zero after the previous reading of –0.59, while yearly decrease deepened from –0.01 to –0.67. The Euro depreciated against five out of nine observed peers, most notably the pound and the dollar, which gained more than 1% and 2% over the single currency. The only currency to lose as much against the Euro was the Krona that tumbled down at the end of the period.

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