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Wall Street advances for third day after 'bogus' hypo

FXstreet.com (San Francisco) - US stocks market closed sharply higher on Tuesday as investors were trading with confidence on the back of strong corporate earnings. All three major US indexes add more than 1% but market was afraid of a AP fake tweet on bombs in the White House.

AP confirmed its Twitter account was hacked, the company said the tweet was "bogus." Wall Street collapsed briefly on the news, however after clarifications the indexes resumed their uptrend.

The Dow Jones added 152.29 points or 1.05% to end the day at 14,719.46. The S&P 500 advanced 16.28 points or 1.04% to 1,578.78. The Nasdaq Composite climbed 35.78 points or 1.11% to 3,269.33.

Forex Flash: EUR/USD to remain in range if 1.2987 holds

The Euro fell to 2-week lows around 1.2970 in the European session and after attempting to recover ground, the EUR/USD was capped at 1.3030 where the pair resumed its downtrend to trade below 1.3000 again. Now the pair is pricing at 1.2995, just above the key level of 0.2987.
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Forex Flash: Hack attack good test of the positioning of the markets - Societe Generale

After the hack attack on the AP’s Twitter Account, Sebastien Galy, currency analyst at Societe Generale, thinks "it will prove a good test of the positioning of the markets."
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