The Japanese Yen was the worse-performing currency among nine major currencies, with the Yen index falling 1.71% during the last five trading days. The Yen declined recorded losses versus all other currencies, while the steepest declines were logged versus the loonie, Aussie and Sterling. Canadian currency posted a 1.32% gain over the period, as stronger-than-expected GDP figures for January eased some of the pressure on the Bank of Canada. At the same time, following the latest comments from the RBA and RBNZ the Aussie and Kiwi continued its appreciation, posting 0.97% and 0.22% gains respectively. Both economies are gaining momentum and with hawkish central bank's view the appreciation is likely to continue.