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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs Swedish Krona | FX:USDSEK | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.78758 | 10.64377 | 10.93138 | 10.78758 | 10.78758 | 10.78758 | 0 | 01:00:00 |
From May 2019 to May 2024
The Swedish krona strengthened against the U.S. dollar in the early European session on Wednesday, after the minutes from the Riksbank's meeting on February 11.
The minutes showed that the Swedish monetary policymakers unanimously voted to cut the key rate to negative zone of -0.10 percent early this month, while one member voted against quantitative easing.
The executive board of Riksbank agreed that monetary policy needs to be even more expansionary to reduce the risk of long-term inflation expectations continuing to fall.
Against the greenback, the krona rose to a 2-day high of 8.3531 from an early low of 8.4129.
If the krona extends its uptrend, it is likely to find resistance around the 8.07 area.
1 Year US Dollar vs SEK Chart |
1 Month US Dollar vs SEK Chart |
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