USD/JPY recovers earlier losses and advances to 102.75

The USD/JPY is rallying right now amid ECB new measures and US jobless claims data. The pair jumped 35 pips in the latest hour from 102.40 to recover earlier losses and to test the 102.75 area.
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ECB's Draghi speech: Interest rates can't really be cut further

During the Q&A part of the press conference Draghi signals that slight technical interest rate adjustments are a possibility, but as the "lower band" has been reached borrowing costs can't really be reduced further.
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