Swedish Krona Trades At 1-1/2-month Low Versus U.S. Dollar
January 20 2020 - 2:31AM
RTTF2
The Swedish Krona fell against the U.S. dollar in European deals
on Monday, as investors awaited major central bank meetings due
this week.
The European Central Bank, Bank of Japan and Bank of Canada will
announce their monetary policy decisions this week. Economists
expect to keep policy unchanged amid easing trade tensions.
The Swedish Krona declined to 9.54 against the greenback, its
weakest since December 10. The next downside target for the Swedish
Krona is seen around the 9.6 level.
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