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Focus on the SEK and the Yen

USD
  • The Dollar is mostly in the green against G10s, following some hawkish rhetoric from Mr Powell Yesterday, but the Aussie has found some support, after retail sales beat expectations overnight, albeit just up 0.20%, and barely back above the 0.6600 figure.
  • Main focus is still on the USDJPY, trading close to Yesterday's high, that was at 144.62, but as noted for a while, there's isn't much until the 145.11 area.
  • Looking at pure technical, next immediate resistance is at 144.69 2.0% Upper Bollinger Band.
  • Some focus on the Scandis this morning, after the SEK gained few big figures, following the Retail sales beat, the SEK is now close to back pre data levels, as Scandie desks turn their attention to the Riksbank in just over an hour, when an expected 25bps Hike to 3.75% is to be delivered.

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