The stop-loss order is a type of advanced trade order that can be placed with most of the brokers. It works as an automatic order from an investor to a broker to sell the instrument when it reaches a predetermined price. This is different from conventional market order.
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The dollar fell sharply against its rivals Monday, paced by declining U.S. bond yields, but the pullback could be short-lived as the expected rise in rates has forced some on Wall Street to ease their bearish bets on the greenback.
The which measures the greenback against a trade-weighted basket of six major currencies fell by 0.48% to 92.61.
The which measures the greenback against a trade-weighted basket of six major currencies fell by 0.48% to 92.61.