Asian stocks and dollar hold steady even as investors wait for cues from Fed

  • On July 26 Asian stocks, as well as the dollar, stayed firm in their respective positions even as investors were waiting for a policy decision to be taken by the Federal Reserve of the US so that they could have a better idea of the tightening plans. It is expected that investors would take the same stance of waiting and seeing things in the European session as well. Spreadbetters have predicted that FTSE (The UK) and CAC (France) would be opening flat and DAX (Germany) would be heading north by 0.5 percentage points.

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