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Wall Street rises to close at record highs

FXstreet.com (San Francisco) - The US stocks market closed higher on Tuesday as sentiment was fueled by Medicare news and the US factory orders increase in February. The Dow and the S&P 500 end the day at all-time closing highs.

The Dow Jones advanced 89.16 points or 0.61% to end at 14,662.01. The S&P 500 added 8.08 points or 0.48% to finish at 1,570.25. And the Nasdaq Composite gained 15.69 points or 0.48% to 3,254.86.

Forex Flash: We remain sellers of EUR/USD on rallies for now - Rabobank

With almost 1000 pips lost in two months from the February 1st high at 1.3710 to the last week low at 1.2755, the EUR/USD recovered on Monday and early Tuesday session to test 1.2880 region, but after being rejected by this level, the pair is currently trading at 1.2815. Has the Euro bottoming at 1.2755? Rabobank says no.
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Forex Flash: Wait until BoJ event before loading up on yen shorts - Societe Generale

As the markets awaits BoJ Kuroda's first policy decision on Thursday, according to Societe Generale FX strategist Kit Juckes, there is plenty of talk about yen short-covering, yet CFTC data suggest there are still yen shorts."
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