Thursday, October 15, 2026

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FxWirePro: USD/SEK hits 1-week trough, dip till 8.6390 likely

The Swedish Krona rose to a 1-week high as the greenback eased against a basket of currencies. The dollar index slumped amid fading hopes for a compromise between Republicans and Democrats over additional stimulus for th…

By FxWirePro Team
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FxWirePro: USD/SEK hits 1-week trough, dip till 8.6390 likely
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  • The Swedish Krona rose to a 1-week high as the greenback eased against a basket of currencies. 
     
  • The dollar index slumped amid fading hopes for a compromise between Republicans and Democrats over additional stimulus for the U.S. economy.
     
  • USD/SEK trades 0.1 percent lower at 8.6832, having hit a low of 8.6550 earlier, its lowest since August 6.
     
  • Immediate resistance is located at 8.7239 (5-DMA), any close above could take it near 8.7500.
     
  • On the lower side, support is seen at 8.6390, break below could take it till 8.6140. 

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