Swedish Krona Rises Against Euro
23 Dezember 2014 - 10:54AM
RTTF2
The Swedish krona strengthened against the euro in the early
European session on Tuesday.
In the economic news, data from Statistics Sweden showed that
Sweden's producer prices rose at a slower pace in November.Producer
prices climbed 1.3 percent year-on-year in November following a 2.1
percent rise in October.
On a monthly basis, producer prices fell 0.4 percent, reversing
the 0.2 percent growth in October.
Against the euro, the krona rose to 9.4963 from an early low of
9.5417. At yesterday's close, the krona was trading at 9.5347
against the euro.
If the krona extends its uptrend, it is likely to find
resistance around the 9.41 area.
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