USD/SEK Consolidates Losses After Hot PPI Figures From The US, Cautious FOMC Minutes
October 11, 2023 at 17:49 PM EDT
USD/SEK rose to a daily high of 10.9485 and settled near 10.9050. The pair lost nearly 1% on Tuesday, driven by dovish remarks from Fed officials. FOMC minutes from September didn’t reveal any surprises; the bank will still proceed “carefully”.
