The Sterling index was one out of five major currencies that posted gains during the last five trading days, advancing 0.28%. Such an incremental change can be explained by the fact Mark Carney made it clear the Bank of England will not raise interest rates any time soon, until the remaining slack is eliminated. The central bank focuses on the wage and productivity growth, meaning that only statistic from the labour markets can be a major catalyst for the Sterling. At the same time, the Swiss Franc was the top-performer, climbing 0.85%, as renewed tensions in Ukraine boosted risk-on sentiment. In contrast, the kiwi and Aussie declined after a solid rally several weeks earlier.