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Dollar firmer on Fed remarks, Asian shares mixed

Near the firmer dollar and a basket of currencies on Friday a 10-month high after the U.S. Federal Reserve officials said the central bank may begin to taper its assets to purchase this summer, while Asian stock markets were mixed.
The U.S. stock market has been sagging in on Thursday, said John Williams, president of the Federal Reserve Bank of San Francisco, the Fed's monetary accelerator pedal may begin to come down this year by the end of this summer, the end of the bond purchase.
Williams and one vote of the Fed's policy-setting panel this year, his remarks weighed on the shares, because the Fed's purchase of $ 85 billion of bonds has been a significant rebound in the driver, has taken the U.S. stock market The stock hit record highs this year's index.
The dollar index measures the value of the U.S. dollar against a basket of currencies, rose 0.4% to 83.927. DXY, close to the 10-month high of 84.094 set earlier this week.
The dollar's strength may be more prominent, later this year, Shen Mo Sung, currency strategist at Bank of Singapore.
"We're seeing more rehearsal is likely to pan on a more sustained basis, at the end of this year," he said.
"Finally, I would like the general tone of the data showed the U.S. economy held up better than the rest of the world to lend U.S. dollars to more lasting support," he said.
He added that the U.S. dollar is likely to get support, particularly to other low-yielding currencies such as the euro, yen, pound sterling and the Swiss franc.
Morgan Stanley Capital International index in the stock market, the most widely used in the Asia-Pacific shares outside Japan. MIAPJ0000PUS fell 0.3% to 479.75 points, inching away from last week's high of 491.17, the highest level since July 2011.
Japan's Nikkei stock index erased earlier losses and rose slightly to 0.3%. N225, close to five and a half intraday high set to meet on Thursday. Mainly in the Philippines PSI index fell 0.7% year-on-year decline for the second consecutive trading days hit a record closing high on Wednesday.
South Korea and Hong Kong markets closed on Friday as a public holiday.
Spot gold fell to about $ 1,380 an ounce. Gold on Thursday after hitting a four-week low near $ 1,369 re-liquidation of gold ETFs recently fell below 1,400 per ounce level hurt sentiment.
U.S. crude oil futures fell to about $ 95 a barrel.
Economic data the day before mixing some of the negative sentiment on the U.S. economy.
May factory activity in the mid-Atlantic region contraction, the surge in The breakthrough new homes fell in April and new jobless claims last week, according to three different reports.
Coupled with the soft underlying inflation, the data show that the weak demand, the U.S. economy entered the second quarter.
 
 



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