USD Tops Currency Strength Rankings While EUR Lags in Both Short and Medium Terms

A recent analysis has ranked major currencies by their relative strength over both short-term and medium-term horizons. The study constructs a strength index, systematically ranking currencies from the strongest (Rank 1) to the weakest (Rank 8). This ranking helps identify currency pairs with the largest relative-strength differentials, classifying them from Strongly Bullish to Strongly Bearish.

In the short term, the US dollar (USD) is identified as the strongest currency, while the euro (EUR) is the weakest. This places the EUR/USD pair at the Strongly Bearish end of the Short-Term Pair Matrix. Meanwhile, the GBP/JPY pair is marked as Range-Bound due to its narrowest differential.

Looking at the medium term, the USD again ranks as the strongest currency, with the EUR as the weakest. Consequently, the EUR/USD pair remains at the Strongly Bearish end of the Medium-Term Pair Matrix. The GBP/CAD pair is identified as Range-Bound in this timeframe due to its narrow differential.

The analysis provides detailed tables, including the Currency Strength Index, Short-Term Pair Matrix, and Medium-Term Pair Matrix, to support these findings.