Note: This section contains information in English only.[ANNOUNCE]While the range of the observed moves notably narrowed from the previous week, some indexes still managed to deviate from the tightly-packed majority. The most prominent of such exceptions was the yen's gauge, which opened the period by dropping more than 0.5% below the baseline after the BoJ minutes weighted on inflation target, backing the negative rate policy. On Tuesday, the downslide was further supported by the Finance Minister Aso's warning about an intervention that could come if the yen continues to
strengthen. Afterwards, however, the JPY Index went back to being governed by the investors' risk appetite and rejoined its peers. The Kiwi's gauge followed on a similar pattern, falling throughout the first two days of the period and recovering later in the week. The index was hit by the Finance Minister's comments on employing macroprudential tools to fight strength of the housing market , but shot up after the RBNZ report gave no indication of such measures.[/ANNOUNCE]
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Mon, 16 May 2016 15:53:15 GMT
Source: Dukascopy Bank SA
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