Asian stocks and the dollar were off to a subdued start on Friday as investors took profits on the last trading day of 2016, while the euro briefly spiked in thin trade.
The euro jumped as much as 2 percent early on Friday, its biggest intraday gain since November 8, before settling back down to trade 0.6 percent higher at USD 1.0559.
Japan’s Nikkei retreated 0.7 percent on a stronger yen, on track for a 0.1 percent loss in 2016. That is its worst in five years, with the yen’s 22 percent surge in the first half of the year slamming the index.
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The euro jumped as much as 2 percent early on Friday, its biggest intraday gain since November 8, before settling back down to trade 0.6 percent higher at USD 1.0559.
Japan’s Nikkei retreated 0.7 percent on a stronger yen, on track for a 0.1 percent loss in 2016. That is its worst in five years, with the yen’s 22 percent surge in the first half of the year slamming the index.
For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Connect with our social media sites
Follow @Epic_Research
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