Fundamental Updates \Nick Nasad \ 6:41 PM EST \ January 21st, 2010
The Yen gained sharply against its major rivals as traders were concerned over proposed US banking regulations. That news hurt US equities and caused a sharp slide in investor sentiment weakening higher-yielders. The Pound was weaker on budget and money supply data, while the Euro traded choppy vs the greenback.
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Daily Video Recap: Yen Gains Sharply Following New Proposed US Bank Regulations
Fundamental Updates \ Nick Nasad \ 6:41 PM EST \ January 21st, 2010The Yen gained sharply against its major rivals as traders were concerned over proposed US banking regulations. That news hurt US equities and caused a sharp slide in investor sentiment weakening higher-yielders. The Pound was weaker on budget and money supply data, while the Euro traded choppy vs the greenback.
To embed this video on your site, copy and paste the code below: