Asia Shares Subdued, Dollar Pins Hopes On US GDP - Dollar Advisory Financial Services

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Friday 26 April 2019

Asia Shares Subdued, Dollar Pins Hopes On US GDP

Asian shares got off to a subdued start on Friday, while the dollar held near two-year highs against the euro on speculation that data later in the day will show the U.S. economy outperforming the rest of the developed world. The euro was off 1 percent for the week at $1.1133 as euro zone economic figures continued to disappoint.
Against a basket of currencies, the dollar was 0.8 percent firmer for the week so far at 98.128 having touched its highest since May 2017. 
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