Dollar crunched, bonds boosted as Fed goes gradual

SYDNEY (Reuters) - The dollar nursed bitter losses in Asia on Thursday while sovereign bonds savoured their biggest rally in nine months after the Federal Reserve hiked interest rates as expected but signalled no pick up in the pace of tightening.

from Reuters: Top News http://uk.reuters.com/article/uk-global-markets-idUKKBN16M3CE?feedType=RSS&feedName=topNews