Dollar down after Fed as Tokyo leads Asia sell-off

HONG KONG: The dollar sank Thursday after the Federal Reserve indicated it would take a slow, measured approach to any interest rate hikes, while Tokyo led Asian markets lower on worries the size of the Bank of Japan's expected stimulus.

After a closely watched meeting the Fed held borrowing costs but noted the world's top economy had improved and expressed less fear about the impact of Britain's vote to leave the European Union last month.