The Dollar raised against Yen on Thursday boosted by sharp gains in US stocks as risk aversion slowed after worldwide measures to help ease the global credit crisis. The yen tends to rise in times of increased risk aversion as investors unwound risky carry trades funded using the Japanese currency's low interest rates to buy assets in higher-yielding units.

Higher-yielding currencies such as the Australian and New Zealand Dollars gained with improving money market conditions helping support both units.
Cable (GbpUsd) rose partly boosted by Bank of England easier conditions for British financial firms to borrow from the central bank.

US stocks closed sharply higher in another volatile trading day. But Thursday's upward trend in stocks helped elevate the Dollar against the Yen.
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