• The Swedish Krona rose, retreating from a 1-week low hit earlier in the session as the greenback eased across the board. 
   
• The dollar index slumped after U.S. President Donald Trump cancelled talks on economic stimulus with Democrat lawmakers until after the November 3 presidential election. 
   
• Meanwhile, Federal Reserve Chair Jerome Powell on Tuesday warned that the U.S. economy could slip into a downward spiral if the coronavirus is not effectively controlled and authorities did too little to support the economic rebound.
   
• USD/SEK trades 0.5 percent lower at 8.9085, having hit a low of 8.8758 the day before, its lowest since September 22.
   
• On Tuesday, the pair fell to a 2-week low but found strong support at 21-DMA to close higher at 8.9535.
   
• Immediate resistance is located at 8.9829 (10-DMA), any close above could take it above 9.000 handle. 
   
• On the lower side, support is seen at 8.8831 (21-DMA), break below could take it till 8.8660.