(Reuters) - The yen fell across the board on Thursday and high-yielding currencies rallied as investors re-entered carry trades after a rise in equity markets and testimony from Federal Reserve Chairman Ben Bernanke.
Although Bernanke, speaking on Wednesday, acknowledged risks to the economy from the U.S. housing market, he also stressed inflationary pressures -- a message that markets took to mean that the Fed is not ready to cut interest rates yet.
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