The past week proved to be another period to see many sharp moves, but little directional movements, which left most of the observed currency indexes within the ±0.50% range.
The most conspicuous exception was the GBP Index, which posted the period's greatest weekly loss of 1.17%.
Meanwhile, the most notable gauge in the appreciation area was the NZD Index, which surged well above all of its peers after the NZ CPI release.
The week's moves were not enough to produce much overturbulence, and the observed volatility medians ranged from 0.025% for the Euro to 0.032% for the Kiwi.
Notably, half of the period's prominent volatility peaks were formed by the market's reaction to the inflation and retail sales data releases.
The week saw fairly solid developments in the observed relationship measures, with eight out of ten selected correlations shifting their weekly medians 0.10 or more points away from the monthly readings.
Most of the changes occurred between the Greenback's pairs with safe-haven and commodity-related currencies.
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