 Yen and Dollar closed the week generally lower on strong risk appetite. There was some sort of optimism over US-China trade negotiations throughout the week. And that helped DOW and China SSE extend recent rally. DOW closed above 26000 for the first time since November. SSE also closed above 2800 for the first time since September too. The talks extend into the weekend and we might see some more market volatility after the meetings conclude. Australian Dollar and New Zealand Dollar were the weakest ones, even with such positive risk sentiments. That highlights the problems the Aussie and Kiwi are facing. China denied reported that the Dalian port banned Australian coal import and helped Aussie pared some losses towards the end of the week. But in the background, Westpac now forecasts RBA to cut interest rates two this year in August and November. RBNZ proposed raising capital requirements for top banks. It's an act that might eventually tighten up financial conditions and force RBNZ to cut interest rates again. On the other hand, Sterling was the strongest one as traders saw risk of no-deal Brexit fading. Canadian Dollar followed oil prices higher. | 
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