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Name | Symbol | Market | Type |
---|---|---|---|
Euro vs Swedish Krona | FX:EURSEK | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.00 | 0.00% | 11.64304 | 11.63811 | 11.64797 | 11.649 | 11.64304 | 11.64306 | 0 | 05:10:44 |
The Swedish krona weakened against the euro in the early European session on Tuesday, after data showed that the nation's consumer prices dropped unexpectedly in April.
Data from Statistics Sweden showed that Sweden's consumer price index edged down 0.2 percent year-over-year in April, in contrast to a 0.2 percent increase in March. Economists had expected a 0.3 percent climb for the month. It was the first decrease in three months.
On a monthly basis, consumer prices remained unchanged in April, following a 0.1 percent slight rise in the prior month. It was expected to increase by 0.4 percent.
Against the euro, the krona fell to a 5-day low of 9.3258 from an early high of 9.2221. At yesterday's close, the krona was trading at 9.2469 against the euro.
If the krona extends its downtrend, it is likely to find support around the 9.58 area.
1 Year Euro vs SEK Chart |
1 Month Euro vs SEK Chart |
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