The U.S. dollar rose against Asian currencies Thursday in a quiet session as major markets in the region were closed for national holidays. The Australian dollar slipped to US$0.7776 from US$0.7807. Overnight, the greenback had slipped against major currencies after the U.S. Federal Reserve appeared unlikely to raise interest rates as quickly as once thought. Late Wednesday in New York, the dollar was trading at 104.48 yen, down from 104.91 yen. The euro was rose to $1.2942 from $1.2886 late Tuesday. The U.S. Federal Reserve raised its funds rate by a quarter percentage point to 3 percent Tuesday, disappointing market players who had hoped for more hawkish sentiments. The Federal has increased rates eight times since last June.