Last week markets were coming back to senses after Easter holidays and that is why trading sessions were very quiet. Hence, it was not a surprise that both losses and gains were limited, with the Japanese Yen becoming main gainer, posting a 0.6% increase. At the same time, the Aussie posted the steepest decline, which equals only 0.6%. What is more important, the kiwi index advanced only 0.14%, even despite the fact the RBNZ made the second straight rate hike, raising the OCR to 3.00%. Hawkish comments had no effect as well, meaning that investors are already pricing in future tightening of the monetary policy.