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Wall Street closes lower on US data and Korea concerns

FXstreet.com (Barcelona) - The US stocks market has closed Wednesday with losses as investors were disappointed by the weaker than expected ADP data. North Korea threat has also hurt the equities environment and late in the day, San Francisco Fed's William said QE could end as soon as this summer if economy improves.

Overall, Wall Street lived its worst day since February 25.

The Dow Jones declined 111.66 points or 0.76% to end the day at 14,550.35. The S&P 500 eased 16.56 points or 1.05% to close at 1,553.69. And the Nasdaq lost 36.26 points or 1.11% to 3,218.60.

Forex: USD/JPY finds support at 92.70, back to test 93.00

After extending its decline from 93.65 to reach fresh intra-day low at 92.70, the USD/JPY has found support at this level with the pair trading back to test the 93.00 area.
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Session Recap: USD declines on weak US data

The Greenback ceded ground against its major rivals as investors were disappointed for the weaker than expected ADP employment data. The EUR/USD recover some ground from 1.2790 to the current 1.2845. The GBP/USD traded brief below the 1.5100 level but it is closing at 1.5135.
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