Swedish Krona Rises To 8-day High Against Euro
01 Oktober 2015 - 7:32AM
RTTF2
The Swedish krona strengthened against the euro in the early
European session on Thursday.
In other economic news, data from the Swedbank and the Swedish
National Association of Purchasing & Logistics showed that
Sweden's Purchasing Managers' Index rose to 53.3 in September from
53.2 in the previous month. Economists had forecast the index to
climb to 54.0
Against the euro, the krona rose to an 8-day high of 9.3418 from
an early low of 9.3602. At yesterday's close, the krona was trading
at 9.3508 against the euro.
If the krona extends its uptrend, it is likely to find
resistance around the 9.26 area.
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