The Swedish krona weakened against the U.S. dollar in the early European session on Tuesday.
Against the greenback, the krona fell to a 4-day low of 8.5469 from an early high of 8.5075. At yesterday’s close, the krona was trading at 8.5248 against the greenback.
If the krona extends its downtrend, it is likely to find support around the 8.70 area.
The material has been provided by InstaForex Company – www.instaforex.com