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FxWirePro: Swedish Krona off near 2-week high as PM considers tightening restrictions measures

The Swedish Krona eased, retreating from a near 2-week peak hit earlier in the session as Prime Minister Stefan Lofven said that they are considering tighter virus restriction measures. Sweden has not imposed strict lock…

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FxWirePro: Swedish Krona off near 2-week high as PM considers tightening restrictions measures
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  • The Swedish Krona eased, retreating from a near 2-week peak hit earlier in the session as Prime Minister Stefan Lofven said that they are considering tighter virus restriction measures.
     
  • Sweden has not imposed strict lockdown measures, unlike other European countries.
     
  • EUR/SEK trades 0.4 percent up at 9.9579, having hit a low of 9.9105 earlier, its lowest since April 1.
     
  • Immediate resistance is located at 10.0012, any close above could take it near 10.0189.
     
  • On the lower side, support is seen at 9.8971, break below could take it till 9.8775.

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