USD/SEK Falls Despite Swedish CPI Miss

Mar 12,2019 20:35   Source:Earnforex
Sweden’s consumer inflation missed market expectations, but that did not prevent the Swedish krona from gaining on the US dollar. The possible reason for that was the fact that US underline inflation also failed to meet expectations. Statistics Sweden reported that the Consumer Price Index rose 1.9% in February, year-on-year, the same as in January. Analysts had expected a bit faster rate of increase — 2.0%. The rise of prices was mainly […]

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