Asia Markets Traded Modestly Lower Today, Following A Mixed Close In US Equities - Dollar Advisory & Financial Services

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Thursday 23 February 2017

Asia Markets Traded Modestly Lower Today, Following A Mixed Close In US Equities

USD-INR trading range for the day is 66.80-67.05/dollar, Shenoi says. The dollar slipped after Federal Reserve meeting minutes disappointed expectations for a hawkish tone. 

Asia markets traded modestly lower today, following a mixed close in US equities overnight as minutes from the Federal Reserve's previous meeting hinted that a rate hike is coming "fairly soon." 

In Japan, the Nikkei 225 traded down 0.35 percent, while across the Korean Strait, the Kospi was fractionally lower at 2,106.29. The S&P 500 ended modestly weaker on Wednesday, holding losses after minutes from the Federal Reserve.

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