Currency Fears: Dollar Level and Declines Nikkei

currency fears: China's Shanghai Composite Index SHCOMP ended down 0.3%, marking a sixth consecutive day of declines, according to CNN. Japan's Nikkei lost 0.3%, extending its losing streak to a fourth straight day. Currency fears took a back seat despite China fixing the yuan at another new 11-year low within a whisker of the symbolically important 7 to the dollar level. South Korea's Kospi KOSPI dropped 0.4%, down for a sixth straight session. Read More A trio of central banks all cut interest rates Wednesday a sign of how countries in the region are trying to protect their economies from a global downturn. Hong Kong's Hang Seng Index HSI inched up 0.1% following five days of losses. (news.financializer.com). As reported in the news.

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