Asian shares near a three-year peak, dollar soft in US deadlock trade

NEW YORK (Reuters) - A gauge of Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite.

Brushing aside the uncertainty of an exceedingly close U.S. presidential election, investors overnight snapped up riskier assets such as the Australian dollar , which jumped to a six-week high before running into profit-taking in early Asian trade. Even gold, a traditional safe-haven asset, rallied.....

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