USD/JPY finds resistance at 121.00

The USD/JPY pair extended gains and printed a fresh daily high at 121.00 after the release of jobless claims and current account data in the US. The 121.00 zone capped the upside and pushed the back toward 120.50.
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Further easing by the Riksbank remains likely – BTMU

In its attempts to wake up inflation figures and prevent the krona from appreciating further, the Riksbank could implement more easing measures, suggested Lee Hardman, Currency Analyst at BTMU...
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