The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy as aggressively as previously thought. Moves in Asian share markets were minor with Japanese markets closed for a holiday and the United States off for Thanksgiving. MSCI's broadest index of Asia-Pacific shares outside Japan eked out a fresh 10-year peak with a rise of 0.15 percent, as did Hong Kong's main index.
The dollar's rout came after minutes of the Fed's last meeting showed many participants were concerned inflation would stay below the bank's 2 percent target for longer than expected.
Trading Tips And More Profit In Stock Market So Visit - https://goo.gl/5HW7RT Or Give A Missed Call@9713040450.
No comments:
Post a Comment