Krona Gains as Sweden’s Economic Growth Beats Expectations

Feb 28,2019 22:38   Source:Earnforex
The Swedish krona gained today after data showed that the nation’s economy expanded last quarter two times the forecast amount. Statistics Sweden reported that gross domestic product jumped 1.2% in the fourth quarter of 2018 after contracting 0.1% in the previous three months. That is compared to the consensus forecast of a 0.6% growth. It was the fastest pace of expansion since the second quarter of 2017. USD/SEK traded at 9.2383 as of 21:34 […]

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