02-02-2017 10:15 via news.yahoo.com

Dollar down on Fed, while equities hit by Trump fear

The dollar edged down in Asian trade Thursday after an uninspiring statement from the Federal Reserve's latest policy meeting while concerns over Donald Trump's presidency hit equity markets. The Fed said it "expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate", almost unchanged from its December statement. While it was not expected to make any big announcements -- having hiked interest rates last month -- the lack of any so
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