Asian Session – Dollar broadly weaker as markets digest soft US data
Posted on September 16, 2016 at 5:19 am GMTUS data out on Thursday changed expectations for a Fed rate hike and dampened sentiment for the dollar. A batch of disappointing economic data out of the world’s largest economy would likely lower the odds of a rate hike by the US central bank at its policy meeting next week. Risk aversion in Asian markets today helped the yen firm up although volumes were low as many markets in Asia (such as China, Hong Kong and Malaysia) were shut for [..]