Asian shares inched higher and the
dollar was underpinned on Thursday after the US Federal Reserve maintained its
commitment to a very accommodative monetary stance, and market nerves over the
Cyprus bailout wrangling calmed.
The dollar was up 0.1 percent against a basket of major currencies, and
the euro stabilised around USD 1.2937, off a four-month low of USD 1.28435 hit
on Tuesday. The dollar was around 95.92 against the yen.
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