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Further broader base buying going through

SEK
  • DXY hovers near session lows, but EURUSD still trades in a tight 39 pips range, and close to the 1.56bn FX option at 1.0600 for today's expiry.
  • For the past hour or so, focus has been on SEK, making further highs against the EUR, USD, and the NOK.
  • USDSEK sees a 14 big figures range today, and test through next support at 10.9850.
  • Further downside momentum will target 10.8950.

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