Swedish Krona Falls To Near 2-month Low Against U.S. Dollar
May 18 2016 - 1:37AM
RTTF2
The Swedish krona weakened against the U.S. dollar in the
European session on Wednesday.
Against the greenback, the krona fell to nearly a 2-month low of
8.2940 from an early high of 8.2523. At yesterday's close, the
krona was trading at 8.2532 against the greenback.
If the krona extends its downtrend, it is likely to find support
around the 8.50 area.
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