Dollar and yen fall across the board on long liquidation and improved risk appetite

Market Review - 09/07/2009 22:02 All times in GMT Dollar and yen fall across the board on long liquidation and improved risk appetite Dollar fell versus a basket of currencies and the Japanese yen gave up some of its recent gains on Thursday as risk appetite improved, with the number of Americans filing for initial jobless benefits fell, easing concerns over the U.S. economy and encouraged demand for higher-yielding assets. Chinese State Councillor Dai Bingguo on the second day the three-day G-8 summit unequivocally called for the world to diversify the reserve currency system in order to have relatively stable exchange rates but he did not name the dollar directly. In addition,... baca selengkapnya