The Swedish Krona drifted higher against the euro in European deals on Thursday, after data showed that Sweden consumer prices came in better-than-expected in July.

Data from Statistics Sweden showed that Sweden's consumer prices were flat on month in July, up from expectations for a decline of 0.3 percent.

On year, the CPI fell by 0.1 percent in July, compared to forecasts for a 0.4 percent drop, which would have been unchanged from last month.

The Swedish currency advanced to a weekly high of 9.4841 against the euro, up from yesterday's closing value of 9.5724. The next possible resistance for the Swedish Krona may be located around the 9.40 mark.

Euro vs SEK (FX:EURSEK)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Euro vs SEK Charts.
Euro vs SEK (FX:EURSEK)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Euro vs SEK Charts.