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SEK fades off its low, as NIER sees clear signs of a recovery

SEK

Small pull back of the lows for the SEK, albeit in a tight range.

  • The National Institute of Economic Research is seeing clear signs of a broad Economic recovery.
  • The currency is mixed in G10, up 0.26% against the JPY and down 0.21% versus the AUD.
  • Yesterday's low at 10.4829, has held this morning, and is still seen as small support.
  • Resistance moves down to 10.5257

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