Firmer dollar may test some Asia stock investors

Newswire

By Ian Chua HONG KONG, Jan 26 (Reuters) - Equity investors in Asia betting on further weakness in the U.S. dollar this year could be in for a nasty surprise if a recent bounce in the greenback lasts longer than expected. Comments from China on Tuesday that it was unlikely to revalue its currency soon and stronger-than-expected U.S. consumer confidence data lifted the U.S. dollar, underscoring its buoyancy after declines in the last three years. Overall, a stronger U.S. dollar tends to ...

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