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FTSE 100 Index Rally Fades; Lower Your Expectations Now

FTSE 100 was little changed in the futures market after the disastrous performance yesterday. The index lost more than 3.8% as investors worried about the economy and the frozen bank dividends. Indeed, bank stocks like Lloyds, Barclays, and HSBC were the most active, with each losing more than 9%. The [...]
FTSE 100 Barclays

FTSE 100 Kicks Off the New Quarter With Losses

Along with its European counterparts and following in the steps of Asian stocks, FTSE 100 closed the first day of trading for Q2 2020 with losses. The UK’s stock index finished with a 3.8% or 217-point loss at 5,454.6.

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USDJPY

More Potential Downside for USDJPY Despite Better-Than-Expected ADP and ISM Reports

Despite US data topping expectations, USDJPY is struggling to find bids in the market. The currency pair is down 0.33% from its opening price as it trades at 107.19. On the 4-hour time frame, a bearish technical setup has materialized which suggests that there is more downside ahead.

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