25-01-2017 04:20 via news.yahoo.com

Asian stocks at three-month highs on U.S. cues, dollar rebounds for now

By Saikat Chatterjee HONG KONG (Reuters) - Asian stocks edged up to three-month highs on Wednesday, helped by a firm finish on Wall Street, while a rebound in the dollar looked vulnerable as some investors grew sceptical about U.S. President Trump's policies translating into further gains. "There has been a broad unwinding of short dollar positions in recent days but unless the scale of the likely fiscal stimulus from the U.S. becomes clearer, prompting the Fed to become more hawkish, the d
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