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Global Markets - Dollar recoups losses, shares lower as banks weigh

Reuters  |  LONDON 

By Vikram SubhedarLONDON (Reuters) - The dollar regained more ground against a basket of currencies on Friday, while banks weighed on European shares following underwhelming results from Swiss major UBS.The two-day recovery in the dollar follows its 4 percent drop in the three weeks from Jan. 3 on doubts about how U.S. President Donald Trump's policies will affect the currency, particularly after he hinted at concerns over its strength.The dollar index measuring its strength against a basket of six other major currencies rose 0.2 percent to 100.54.Trump suggested overnight he would push ahead ...

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First Published: Fri, January 27 2017. 18:14 IST