Swedish Krona Falls To 5-day Low Against Euro
May 27 2015 - 5:45AM
RTTF2
The Swedish krona weakened against the euro in the European
session on Wednesday.
In economic news, data from the National Institute of Economic
Research showed that Sweden's economic sentiment rose
more-than-expected to 101.4 in May from 99.2 in April. It was
forecast to rise to 100.9. Also, the manufacturing confidence index
rose notably to 100.5 from 94.2 in April. It was above the expected
score of 97.1.
Against the euro, the krona fell to a 5-day low of 9.2644 from
an early high of 9.2072. At yesterday's close, the krona was
trading at 9.2110 against the euro.
If the krona extends its downtrend, it is likely to find support
around the 9.45 area.
Euro vs SEK (FX:EURSEK)
Forex Chart
From Mar 2024 to Apr 2024
Euro vs SEK (FX:EURSEK)
Forex Chart
From Apr 2023 to Apr 2024
