Asia shares rise in holiday trade as dollar holds near two-year high

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Asia shares rise in holiday trade as dollar holds near two-year high - Business Standard

Quick Summary:

In currencies, the dollar was perched near a two-year high against a basket of currencies at 108.15, and was on track for a monthly gain of more than 2 per cent.

The benchmark 10-year yield was last steady at 4.5967 per cent, having risen above 4.6 per cent for the first time since May 30 earlier in the week.

Elsewhere, bitcoin last traded 0.5 per cent higher at $98,967, having fallen from a record high above $100,000 on the back of the Fed's hawkish repricing.