Swedish Krona Slides To 2-day Low Against Euro
December 05 2014 - 4:56AM
RTTF2
The Swedish krona weakened against the euro in early European
session on Friday.
In the economic news, the data from Statistics Sweden showed
that services production index fell 0.8 percent on month in
October.
Industrial orders rose to 3.7 percent on a monthly basis in
October, while rising by 1.6 percent on year.
Against the euro, the krona fell to a 2-day low of 9.3053 from
an early high of 9.2557.
If the krona extends its downtrend, it is likely to find support
around the 9.39 area.
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