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Gives back some gains

SEK

SEK fades some of its gains and moves off its high. SEK was up 0.86% against the Dollar at some point, but now back at 0.53%

  • Local desk only report thin domestic action, with most awaiting on the US election outcome.
  • Desk also note that market participants are likely staying on the sidelines, with SEK market closed tomorrow.
  • Target support is still at the 31st Dec low 8.1494, which is also the lowest level since February 2018

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