US stocks rise after not so dovish Yellen

The stock markets in US, after finishing almost unchanged on Tuesday, rallied in the early session today after Yellen cited risks to the economy but did not back off from a gradual path of tightening.
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EUR/USD sinks to lows near 1.1160

The offered tone around the single currency is now intensifying, sending EUR/USD to quickly break below the 1.1200 handle...
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