Among the participants of the market is dominated by the view that China will take further measures to combat inflation. This provokes a rise in demand for safer assets. As a result, the yen and the dollar strengthens market position in relation to most other currencies.In addition, the background of falling Asian stock indices and lower commodity prices, the Japanese and the U.S. currency continues to grow the second day against the euro.
In New Zealand, it became known that the net number of residents left the country peaked in the last 10 years. Against this background the course of the New Zealand dollar fell to a 2-week low.
In South Korea, came about that the investigation conducted by banks, trading currency derivatives will continue. Against this backdrop, the national currency continued to lose ground second consecutive day.
"Fears that a further tightening of monetary policy may cause a slowdown in economic growth may cause risk aversion, - said currency strategist at Westpac Banking. - On this background, most likely to buy dollars and yen, - the expert believes.
In yesterday's report, the People's Bank of China said that the most important goal is to limit inflation, and this testifies to the possible extension of the crackdown, despite a possible economic slowdown.
