logo
  

Swedish Krona Falls To 4-day Low Against U.S. Dollar

The Swedish krona weakened against the U.S. dollar in the early European session on Tuesday.

Against the greenback, the krona fell to a 4-day low of 8.5469 from an early high of 8.5075. At yesterday's close, the krona was trading at 8.5248 against the greenback.

If the krona extends its downtrend, it is likely to find support around the 8.70 area.

For comments and feedback contact: editorial@rttnews.com

Forex News

Major central banks, led by the U.S. Fed, dominated the economics scene this week with some delivering histroic shifts. In the U.S., the Fed was in focus as Chair Jerome Powell announced the latest policy decision and forward guidance. In Asia, all eyes were on the Bank of Japan as markets waited to see if the central bank would exit its ultra loose monetary policy. Find out how the Swiss central bank gave a surprise in Europe and learn what is the path ahead for U.K. interest rates.

View More Videos
Follow RTT