FOREX- Euro drops 2nd day vs dollar; China rate hike weighs

(Reuters)- The euro slid for a second straight session against the U.S. dollar as an interest rate hike by China prompted investors to shed exposure to riskier assets in a market already rattled by a downgrade of Portugal's debt to junk.

China raised interest rates for the third time this year on Wednesday, making clear that taming inflation remains a top priority even as its vast economy eases. Read on...