Thursday, October 15, 2026

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FxWirePro: USD/SEK halts 4-day winning streak as greenback trims losses

The Swedish Krona surged to an over 2-1/2 month peak following upbeat manufacturing PMI data. Sweden's Swedbank Manufacturing PMI rose to 39.2 in May from a downwardly revised 36.4 in the previous month. However, the pai…

By FxWirePro Team
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FxWirePro: USD/SEK halts 4-day winning streak as greenback trims losses
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  • The Swedish Krona surged to an over 2-1/2 month peak following upbeat manufacturing PMI data. 
     
  • Sweden's Swedbank Manufacturing PMI rose to 39.2 in May from a downwardly revised 36.4 in the previous month. 
     
  • However, the pair trimmed losses as the greenback attempted a minor recovery against a basket of currencies. 
     
  • USD/SEK trades 0.1 percent up at 9.4209, having hit a low of 9.3536 earlier, its lowest since March 9.
     
  • Immediate resistance is located at 9.4532, any close above could take it near 9.4689.
     
  • On the lower side, support is seen at 9.3311, break below could take it till 9.3246.

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By FxWirePro Team