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Top FX pairs of the week

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We leave one more dynamic week in the history of FX markets, and in the past seven days we have definitely seen big movements in some of the currency pairs. At first glance, the Brazilian Real is the loser against the US dollar and is the first-biggest loss in percentage terms for the week. The pound is ranked second, but the currency is definitely the first when we talk about scale. Weekly loss against all of its "competitors" - US Dollar, Euro, Franc, Yen, Canadian Dollar, Australian Dollar, Polish Zloty and New Zealand Dollar.

The most profitable currency is the Swiss franc, on a scale and percentage basis, gaining positions against the euro, the pounds, the Australian dollar, the Polish zloty and the Hungarian forint. The euro failed to fight this week with the US dollar, the franc, the Canadian dollar and the Swedish krona. The Turkish lira in recent days was stable, but it stayed behind other currency pairs.

The Czech koruna, the Norwegian krone and the Turkish lira have the impression that they have done the best against the US dollar rather than the euro. The Japanese yen remained mixed, with minimal changes following the alternating risk - on, risk - off positions in the stock markets.


 Trader Martin Nikolov

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