Wednesday, November 11, 2026

Technicals

Add as a preferred source on Google

FxWirePro: EUR/SEK slumps to 9.49 on positive Swedish July CPI data

Swedish July Core CPI surprised on the topside today, taking pressure off the Riksbank for further QE and rate cuts July core CPI prices up 0.9% y/y vs 0.6% previous, beating market expectations at 0.6% and Riksbank fore…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.
  • Swedish July Core CPI surprised on the topside today, taking pressure off the Riksbank for further QE and rate cuts 
  • July core CPI prices up 0.9% y/y vs 0.6% previous, beating market expectations at 0.6% and Riksbank forecasts at 0.7%
  • EUR/SEK plunged to 9.49 on data surprise, from 9.5720 and is currently slipping further to 9.4810 
  • EUR/SEK bull run damaged, prices could target 9.4540 38.2% fibo of 9.17-9.6295 rise

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

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

By FxWirePro Team