Asian markets hit a three-year high on Friday as USD dropped to multi-year lows

Asian markets reached a three-year high, supported by strong gains in Wall Street and reduced tensions in the Middle East. The MSCI index for Asia-Pacific shares outside Japan rose by 0.2%, indicating robust weekly performance.

The US dollar fell to its lowest level in over three years, marking a potential 10% year-to-date loss. This decline, coupled with a 1.4% drop this week, could be the largest first-half fall since the 1970s, affecting global markets.

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