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Asian Stocks Surge as Dollar Cools Down


March, 28 2017
watermark Economic news

High-risk assets experienced an easing in its selloff after US stocks managed to make a slim recovery, with the USD finally cooling down and the majority of Asian equity markets surging across the board. Meanwhile, investors are evaluating the possibility of a slower inflation rate which will then translate to lesser need for high-frequency interest rates from the Federal Reserve. The USD finally steadied after overshadowing its previous rallies caused by Trump’s election victory.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.