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Euro Hits 3-1/2-Month Low, Stop-Loss Sales Add to Woe

May 11, 2012

The euro hit a 3-1/2-month low on Friday as news of JPMorgan's trading losses from a failed hedging strategy spooked investors and lent support to the safe haven dollar, with stop-loss selling adding to the euro's drop.

Source: http://www.cnbc.com/id/47381360?__source=RSS*tag*&par=RSS
 
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