Asian stocks edged up to a three-week high on Thursday while the dollar drifted lower against other currencies as investors consolidated positions ahead of a nail-biting U.S. Federal Reserve policy decision. The U.S. Fed is considering raising U.S. interest rates for the first time since 2006, although economists are split in their expectations. The Fed’s decision is due at 1800 GMT.
Published in TZ Latest News 16 September, 2015 by The TZ Newswire Staff
Asian stocks at three-week highs before Fed decision; dollar wary
Published in TZ Latest News 16 September, 2015 by The TZ Newswire Staff
Asian stocks at three-week highs before Fed decision; dollar wary
Asian stocks edged up to a three-week high on Thursday while the dollar drifted lower against other currencies as investors consolidated positions ahead of a nail-biting U.S. Federal Reserve policy decision. The U.S. Fed is considering raising U.S. interest rates for the first time since 2006, although economists are split in their expectations. The Fed’s decision is due at 1800 GMT.