Dollar heads into 2018 on a weaker note Asia stocks mostly up
Hong Kong (AFP) â The dollar suffered fresh pressure on Friday as traders cash in the recent gains fuelled by Donald Trumpâs tax cuts  while most Asian equities were on course to end a strong year on a positive note.
Asiaâs biggest markets have enjoyed huge gains over the past year â with Hong Kong up more than a third and Tokyo nearly 20 percent higher â fuelled by expectations that  Donald Trump  would push through business-friendly measures.
And while  he  suffered a series of stumbles  he  managed to finish 2017 with one major legislative achievement â across-the-board tax cuts that include the slashing of corporate rates.
Focus is now on  his  programme for the next 12 months  with an infrastructure spending bill promised  though there are warnings of headwinds with  his  low poll ratings and mid-term elections in November that could see  his  Republicans lose the Senate.
Hong Kong (AFP) â The dollar suffered fresh pressure on Friday as traders cash in the recent gains fuelled by  [TGT] âs tax cuts  while most Asian equities were on course to end a strong year on a positive note.
Asiaâs biggest markets have enjoyed huge gains over the past year â with Hong Kong up more than a third and Tokyo nearly 20 percent higher â fuelled by expectations that   [TGT]   would push through business-friendly measures.
And while  he  suffered a series of stumbles  he  managed to finish 2017 with one major legislative achievement â across-the-board tax cuts that include the slashing of corporate rates.
Focus is now on  his  programme for the next 12 months  with an infrastructure spending bill promised  though there are warnings of headwinds with  his  low poll ratings and mid-term elections in November that could see  his  Republicans lose the Senate.