20-03-2015 03:50 via news.yahoo.com

Asian markets mostly lower after Fed-fuelled rally

Asian markets mostly retreated Friday as investors took their cash off the table after the previous day's rally that was fuelled by the Federal Reserve's dovish interest rate outlook. The dollar was slightly lower against the euro and yen, but analysts said they expect the currency to resume its advance as the Fed prepares for a rate hike while the Japanese and European central banks print more cash. Global markets surged after the Fed on Wednesday lowered its expectations for interest
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