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Mon, 07 Dec 2015 14:44:10 GMT
Source: Dukascopy Bank SA
The week was associated with strong Pacific currencies and the ECB monetary policy statement, which turned out to be the most resonant event of the period. As a result, by Friday the observed currencies formed two well-separated groups, with the members of one gaining 0.6-1.9%, and members of the other loosing 1.2-2.1% of their base values. ECB changed the situation notably, and all the European currencies excepting the pound took the leading positions from their Pacific counterparts, which were rallying against the background of economic releases such as improving manufacturing sector performance and growing GDP.
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