Free Trial

SEK is the early mover

FOREX
  • There is an early mover this morning and that is the SEK, which is extending small gains across the board, albeit well within past ranges.
  • The Scandis is up against all G10s and majors. It is leading versus the CAD, AUD, NZD and NOK.
  • Overnight desk noted some positioning behind the weakness in AUD and NZD on a very thin Asian session.
  • USDSEK is lowest in 5 days, with support moving up to 9.0574

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.