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Forex News / US Dollar, Japanese Yen to Gain as China Tightens Bank Rules (Euro Open)

21.08.2009

US Dollar, Japanese Yen to Gain as China Tightens Bank Rules (Euro Open)

Forex News /

The US Dollar and the Japanese Yen rise to get after China announced a design to lift up bank keep requirements to 12%, trimming lending and weighing on danger appetite. The pecuniary appointment book is uneventful in European hours, with currency markets most likely to look to furnish and commodity markets to set down the sound representing directional momentum.



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