Tue, 02 Jun 2020

Asian markets mixed, U.S. dollar continues rising

Lola Evans
24 Apr 2019, 18:26 GMT+10

<p>SYDNEY, Australia - The Australian stock marked extended recent gains on Wednesday, despite a major fall in the Australian dollar which appears intent on heading towards the crucial 0.70 cents level.</p><p>Japanese and Hong Kong markets dipped, while in China stocks were flat.</p><p>At the close on Wednesday, the Australian All Ordinaries was 59.50 points or 0.93% higher at 7,470.60.</p><p>In Tokyo the Nikkei 225 lost 59.74 points or 0.27% to 22,200.00.</p><p>The Shanghai Composite rose 3.02 points or 0.09% to 3,201.61.</p><p>The Hang Seng in Hong Kong gave up 149.17 points or 0.50% to 29,814.07.</p><p>The U.S. dollar remained supreme in Asia, adding to recent gains.</p><p>The euro tumbled to 1.1213 by the close in Sydney on Wednesday.</p><p>The British pound fell to 1.2930, a two-month low.</p><p>The Japanese yen crept up a few points to 111.81, while the Swiss franc was little changed at 1.0189.</p><p>The Canadian dollar fell tro 1.3458.</p><p>The Australian dollar fell sharply to 0.7043, while the New Zealand dollar was also noticeably weaker at 0.6626.</p><p>&nbsp;</p>

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