Highlights of the latest Market Research release on EUR.
Full research available here.
The observed indexes had another dynamic week, packing the second half of the period with wide moves. One of the most hectic currencies was the Loonie, whose index surged to a one year high due to skyrocketed oil prices which managed to grow by 4%. The Aussie Index was another active measure, as it suffered downside on Monday, fueled by the reemerged risk-off sentiment from the plummeting USD/JPY pair, which dropped to 108.00 mark. However, then it went into a rapid recovery to finish the period with the second-greatest weekly gain. The Index was affected by great figures from China-Australia's biggest trade partner, namely export advance.
After a two-week lull the level of the Euro’s and the market’s volatility notably rose. Thus, the Euro has spent 47% of time above the historical level. The portion of the market’s elevated volatility was slightly smaller at 47%. The most volatile currencies were the Yen and the Australian Dollar, which both held above the 1-point level in 48% of time. Furthermore, the most notable peak was reached by the CAD Volatility Index and was associated with the boost in crude prices. Pound volatility index also was among gainers, since the sterling managed to erase some of the daily losses after the Bank of England decision announcement.
The Euro’s significance measure was showing a clear downtrend, losing 0.4 points by the end of the period. On Tuesday morning the euro faced biggest decline, being affected by strong dollar. Moreover, the averages of the composite and its EUR/USD components also decreased. Thus, the composite’s average has lost 0.07 points compared with the previous value. The maximal change took place in correlations between EUR/USD and EUR/SEK. The second big change took place in correlations between EUR/USD and EUR/AUD.
Full research available here.
The observed indexes had another dynamic week, packing the second half of the period with wide moves. One of the most hectic currencies was the Loonie, whose index surged to a one year high due to skyrocketed oil prices which managed to grow by 4%. The Aussie Index was another active measure, as it suffered downside on Monday, fueled by the reemerged risk-off sentiment from the plummeting USD/JPY pair, which dropped to 108.00 mark. However, then it went into a rapid recovery to finish the period with the second-greatest weekly gain. The Index was affected by great figures from China-Australia's biggest trade partner, namely export advance.
After a two-week lull the level of the Euro’s and the market’s volatility notably rose. Thus, the Euro has spent 47% of time above the historical level. The portion of the market’s elevated volatility was slightly smaller at 47%. The most volatile currencies were the Yen and the Australian Dollar, which both held above the 1-point level in 48% of time. Furthermore, the most notable peak was reached by the CAD Volatility Index and was associated with the boost in crude prices. Pound volatility index also was among gainers, since the sterling managed to erase some of the daily losses after the Bank of England decision announcement.
The Euro’s significance measure was showing a clear downtrend, losing 0.4 points by the end of the period. On Tuesday morning the euro faced biggest decline, being affected by strong dollar. Moreover, the averages of the composite and its EUR/USD components also decreased. Thus, the composite’s average has lost 0.07 points compared with the previous value. The maximal change took place in correlations between EUR/USD and EUR/SEK. The second big change took place in correlations between EUR/USD and EUR/AUD.