17-03-2016 03:27 via news.yahoo.com

Dollar nurses losses after Fed targets fewer hikes

By Lisa Twaronite TOKYO (Reuters) - The dollar nursed losses in Asian trading on Thursday after declining sharply following the U.S. Federal Reserve's decision to halve its outlook for interest rate increases to two from four by the end of this year. "I think there was some amazement that the Fed had been so hawkish, when others were going to negative rates, but this brings them more in line with the global economy. Against its Japanese counterpart, the dollar added 0.2 percent to 112.73 after s
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