18-03-2016 16:24 via news.yahoo.com

Shares on best run in two years as dollar steadies

The dollar had weakened earlier in the week after the U.S. Federal Reserve scaled back its forecasts for rate increases. On Friday, the European Central Bank's chief economist, Peter Praet, indicated the ECB could further loosen monetary policy. A rising dollar in 2015 weighed on the global economy while its recent decline has helped push up oil prices and put an end to market concerns over a soaring dollar and weak oil prices, said David Kelly, chief market strategist at JPMorgan Asset Manageme
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