๐ The recent currency performance analysis reveals significant variations across different timeframes. While the AUD/USD has shown notable gains in the short term, the USD/CHF has underperformed persistently. Market participants should be aware of these trends to make informed trading decisions.
๐ฃ๏ธ The one-week performance analysis highlights AUD/USD's strength, gaining 1.02%, making it the top performer. In contrast, USD/CAD saw the biggest decline at -0.87%. This period reflects the AUD's relative strength and CAD's challenges.
| Currency | Performance (%) | Performance |
|---|---|---|
| AUD/USD | 1.02 | |
| NZD/USD | 0.88 | |
| EUR/USD | 0.61 | |
| GBP/USD | 0.38 | |
| USD/JPY | -0.37 | |
| USD/CHF | -0.64 | |
| USD/CAD | -0.87 |
๐ Over the one-month period, GBP/USD has shown the strongest performance at 1.73%, while USD/CHF experienced minor losses of -0.29%. This indicates a robust performance by the British Pound amid market volatility.
| Currency | Performance (%) | Performance |
|---|---|---|
| GBP/USD | 1.73 | |
| AUD/USD | 1.24 | |
| EUR/USD | 0.90 | |
| USD/JPY | -0.09 | |
| NZD/USD | -0.20 | |
| USD/CAD | -0.35 | |
| USD/CHF | -0.29 |
๐ The three-month trend showcases EUR/USD as the leader with a positive move of 2.89%, while USD/CHF suffered the worst decline at -2.75%. This quarter demonstrates the Euro's robustness against the weakening Swiss Franc.
| Currency | Performance (%) | Performance |
|---|---|---|
| EUR/USD | 2.89 | |
| USD/JPY | 2.33 | |
| AUD/USD | 1.37 | |
| USD/CAD | 0.18 | |
| GBP/USD | 0.00 | |
| NZD/USD | -1.50 | |
| USD/CHF | -2.75 |
โ In summary, currency analysis over the past week, month, and quarter reveals significant opportunities and risks. The AUD/USD and EUR/USD pairs show potential for continued gains, while caution is advised for USD/CHF movements. Investors and traders should consider these trends when strategizing their next moves in the Forex market.