FX & CFD trading involves significant risk
Stocks have been undercut by a selling interest. All three major equity averages now trade at new session lows with marked losses.
The market's downturn coincides with an upturn by the dollar, which now sports a 1.0% lead over the euro. At the same time, it has cut its loss against the British pound to less than 0.3% on increased speculation over the potential rate hike by the Bank of England.
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