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Wall Street collapses on China growth concerns

FXstreet.com (San Francisco) - The US stocks market closed lower on Monday as investors were trading in risk aversion on China growth concerns and fueled by the bad sentiment from Boston bombs developments. The Dow performed its worst day since November 7th.

The Dow Jones declined 265.86 points or 1.79% to end the day at 14,599.20. The S&P 500 eased 36.46 points or 2.30% to finish at 1,552.36. And the Nasdaq Composite lost 78.46 points or 2.38% to 3,216.49.

Forex: AUD/USD tests 1.0300/10 zone, lowest since March 13th

The Aussie is extending its losses against its American counterpart and after collapsing around 110 pips in the American session from 1.0420, the AUD/USD has broken down the 1.0350 level and test the minimum since March 13th at 1.0305.
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Session Recap: USD advances on risk aversion; Yen recovers further

The Dollar is trading higher on Monday as investors have been trading in risk aversion mode on China growth concerns and and Boston developments. The Yen continues with its strengthening against its major competitors.
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