The Traderszone Network

Published in TZ Latest News 30 May, 2014 by The TZ Newswire Staff

Asian share gains fizzle, dollar under pressure

Asian shares saw their gains unravel on Friday after rising on another record Wall Street close, while the dollar groaned under the pressure of slumping U.S. yields. A similar session is expected in Europe, where shares are expected to tread water around recent highs. “Trading has been a bit muted this week as traders are sitting on their hands in anticipation of the expected announcement of monetary easing from the ECB next week,” said Jasper Lawler, market analyst at CMC Markets, in a note to clients.

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