FXstreet.com (CÃ³rdoba) - Federal officials announced that the 19 largest U.S. bank will have to raise $75 billon in extra capital by November; less than expected. Pound continued rising after the news against the dollar and the yen. GBP/USD rally to 1.5050. Hours early the pair bottomed at 1.4940. Then recover, first by going above 1.5000 and then passing a resistance level at 1.5015. To the yen, cable also got stronger and went over 149.00 again.
The yen is losing after the street test results. USD/JPY has recently broke resistance at 99.15 after trading hours in a range between 98.85 and 99.15. To the upside 99.60 continues to be an important level for the dollar to break.
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