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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 is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.