TOKYO (Oct 21): Asian stocks slipped on Friday with a fall in crude oil prices dampening investor risk sentiment, while the dollar hovered near a seven-month high against an index of peers. The dollar was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating tapering its monetary easing - sending the euro lower. Japan's Nikkei bucked the trend and rose 0.2 percent , brushing a six-month high, as the yen weakened against the dollar. The dollar index was steady at 98.318, not far from 98.404, its highest since March scaled overnight. The euro was little changed at $1.0926, within reach of a four-month trough of $1.0916 struck on Thursday on ECB President Draghi's dovish comments.
Source: The Edge Markets October 21, 2016 00:56 UTC