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USD/SEK Consolidates Losses After Hot PPI Figures From The US, Cautious FOMC Minutes
Article By:
FXStreet
Wednesday, October 11, 2023 4:49 PM EDT
USD/SEK rose to a daily high of 10.9485 and settled near 10.9050. The pair lost nearly 1% on Tuesday, driven by dovish remarks from Fed officials. FOMC minutes from September didn’t reveal any surprises; the bank will still proceed “carefully”.
FX Daily: No Panic Yet
Article By:
ING Economics
Monday, February 14, 2022 3:20 AM EDT
Markets remain quite reluctant to price in any sizeable geopolitical risk premium. Developments in Russia/Ukraine hold the key to this week's market moves, with a lack of de-escalation further supporting the JPY, CHF and USD.