The US stock market closed sharply lower on Thursday due to the sell-off of technology stocks, with the S&P 500 index hitting its biggest daily decline in nearly a month. U.S. stocks fell sharply on Thursday as investors dumped technology stocks that led the market due to mixed results and there

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EUR/JPY is trading at daily lows, below the 123.20 level, after having faced rejection at 124.24 on Thursday. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, has exited the pair long positions as she expects a move lower to the 20-DMA at 121.91 and even a test of the 121.55 u