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Global Markets: Dollar recovers as Fed worries about low inflation

Reuters  |  LONDON 

By John GeddieLONDON (Reuters) - The dollar recovered on Thursday, having hit its lowest in more than two weeks as U.S. central bankers showed they were taking a more guarded view of inflation, helped by a steep fall in the British pound.Asian stocks climbed to their highest in a decade, powering global shares to another record high and keeping them on course for their longest winning streak ever. Wall Street was set to open down from Wednesday's record high .The dollar's dip came after minutes of the Federal Reserve's September meeting on Wednesday showed policymakers had a prolonged debate ...

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First Published: Thu, October 12 2017. 18:24 IST