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Stays under pressure

EURO
EUR is still struggling somewhat, leading losses in G10 against the SEK, down 0.61%, closely followed versus the USD, down 0.60%.
  • Desk note that, plenty of local Swedish Economists and Strategist have turned positive on Sweden
  • EURSEK is 10.3525 with support seen at 10.3199 initially.
  • Further macro and fundamentals improvements will have market participants looking at a longer term picture with the 2020 low situated at 10.2165.

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