The Swedish krona weakened against the U.S. dollar in the European session on Friday.
Against the greenback, the krona fell to a 1-week low of 8.2496 from an early high of 8.2202. At yesterday’s close, the krona was trading at 8.2248 against the greenback.
If the krona extends its downtrend, it is likely to find support around the 8.40 area.
The material has been provided by InstaForex Company – www.instaforex.com