This is article is released weekdays under the heading "Daily Fundamentals" at 5pm EST on www.dailyfx.com- British Pound Fails at 1.66 as UK Rate Expectations Slip Lower - Euro Makes Headway as German Services, French Manufacturing Sectors Expand in AugustUS Dollar, Japanese Yen Dive as Bernanke Comments, Home Sales Boost Optimism for Global Recovery The US dollar and Japanese yen were hit hard, once again, by increased risk appetite following the release of optimistic comments by Federal Reserve Chairman Ben Bernanke and better-than-expected of US housing data.
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