All three major US indices tumbled on Wednesday as short squeezes in GameStop and AMC Entertainment appeared to have triggered broad selling on Wall Street. Apple and Facebook earnings beat expecta…

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US Dollar strength continued after the Federal Reserve interest rate decision, sinking risk-sensitive currencies like the New Zealand Dollar as traders reassessed market conditions.

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EUR/USD price action edged notably lower on Wednesday amid broad-based US Dollar strength as volatility spiked and Fed Chair Powell cautioned markets about a slowing economic recovery.

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