Stocks accelerate losses; S&P below 1100

After failing to hold above the 200-day moving average earlier in the week, we’ve now slipped back below the 1100 level in the S&P.

EUR/USD is only marginally lower, hanging onto support in the 1.3060 area. Stops are seen below the 1.3060 level while bids are eyed at 1.3045/50; more stops reside t 1.3035.

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