Yen Rebounds on U.S. Inflation

The video discusses the impact of recent economic reports on various currencies. The Kiwi has seen significant changes due to inflation reports, leading to speculation about interest rate adjustments. The Aussie is weaker ahead of a business conference, with no monetary policy comments from RBA Governor Glenn Stevens. The Yen is influenced by US inflation data, which exceeded expectations. Strong export data is analyzed, with some attributing it to factors other than increased sales.

What was the main reason for the Kiwi's significant drop over three weeks?

• A rise in interest rates

• A fall in inflation to the lower end of the target range

• An increase in export sales

• A decrease in the central bank's target range

What did the RBA governor urge banks to focus on in his speech?

• Increasing interest rates

• Reducing inflation

• Enhancing export sales

• Developing a new payment system

Which country's inflation data lifted the yen from its low?

• Japan

• Australia

• New Zealand

• United States

What was the US inflation rate that exceeded estimates?

• 1.7%

• 2.0%

• 1.5%

• 2.5%

What do some economists attribute the strong export data to?

• Stronger sales

• Ricky and

• Increased demand

• Improved production