Fxstreet.com (Barcelona) - The Dollar continues to gain versus the Japanese Yen as the equity markets rebound from multi-year lows, on the back of a Chinese reassurance to increase efforts to boost growth.

The Usd gained 0.48 pips versus the Yen and touching an intra day high of 99.47. We should continue to see the Usd/Jpy heading higher with its next target 100.50/60 highs of November 4th, 2008, said James Whyte, an expert analyst at ForexAmericas.