Swedish Krona At Near 2-week Low Versus Euro After Sweden Jobless Rate
17 November 2014 - 10:20AM
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The Swedish Krona drifted lower against the euro in early
European deals on Monday, after data showed that Sweden's jobless
rate increased from last month in October.
Data from Statistics Sweden showed that jobless rate rose to 7.5
percent in October from 7.2 percent last month.
The number of employed aged 15-74 amounted to 4.77 million in
October.
The Krona declined to 9.2828 against the euro, its weakest since
November 5. At last week's close, the pair was quoted at 9.2409.
Next key support for the krona may be eyed around the 9.3 zone.
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