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Wall Street closed lower on European worries

FXstreet.com (San Francisco) - The US stock market has closed Monday with losses as investors were concerned on the European situation and fears that the Cyprus resolution, including the levy, could be taken as template for another countries in the union.

The Dow Jones lost 64.28 points or 0.44% to end the day at 14,447.75. The S&P 500 eased 5.20 points or 0.30% to close at 1,551.69. And the Nasdaq Composite declined 9.70 points or 0.30% to finish the day at 3,235.30.

Cypriot central bank to meet tonight on capital controls

In an effort to avoid the money's outflow, the Cypriot central bank will meet tonight in an extraordinary session to introduce capital restrictions according to the Cyprus' president Anastasiades.
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AUD/USD recovers to trade at 1.0460

After falling around 40 pips from 1.0480, the AUD/USD has bounced at 1.0440, intra-day low, to recover the 1.0450 level and test prices around 1.0465. Currently the Aussie is trading at 1.0462.
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