Asian stocks edges up on Fed's cautious rates outlook, dollar sags

June 16, 2016 12:47 AM

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Asian stocks edges up on Fed's cautious rates outlook, dollar sags

TOKYO Asian stocks edged up on Thursday after the Federal Reserve refrained from hiking interest rates and signaled markets can count on relatively loose liquidity conditions over the short term, while the dollar sagged against its peers.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.3 percent.

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