- Soft inflation data out of Sweden, m/m core falls -1.0% vs +0.2% previous
- Market looked for a 1.1% mm fall, yy posted a surprise +0.6%
- Headline prices fall as well
- EUR/SEK bid into the data but comes away on profit taking
Technicals
Soft inflation data out of Sweden, m/m core falls -1.0% vs +0.2% previous Market looked for a 1.1% mm fall, yy posted a surprise +0.6% Headline prices fall as well EUR/SEK bid into the data but comes away on profit takin…

EURUSD - Levels to watch - 1.1100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8365 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
JPY Major Pair Currency Score: USDJPY, GBPJPY and AUDJPY Extremely Bearish