Dollar dives, higher commodity prices lift shares

  • 8 years ago
The U.S. dollar index dropped to a five-month low on Thursday while shares in major markets were on track to close at their highest level of the year as a dovish U.S. Federal Reserve emboldened investors to take in more risk.
As the dollar declined, commodity prices rose to their highest this year.
Those heavily reliant on manufactured exports, like the Japanese market and European automakers, fell.

Recommended