HPC - Swedish krona against euro ‧ rose to 11 years high

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Old Jul 24, 2012, 7:54am   #1
hpc
Joined Jun 2012
HPC - Swedish krona against euro ‧ rose to 11 years high

Swedish krona against euro on the 10th soar to 11 years high, higher than expected due to Sweden's industrial output data. The euro against the Swedish krona fell to 8.5916 krone, the lowest since December 2000.
After adjustment, Sweden May industrial output increased by 3.5 percent compared with April, significantly higher than the consensus expectations of an increase of 0.6%. In May, industrial output down 2.3 percent from a year earlier but fell less than expected.
Midday euro at 8.5933 kroner.
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