Krona rallies after strong Swedish inflation figures Sweden's krona is on track for its best day against the euro in three months, after new data showed inflation was stronger than expected in May.

Swedish krona appreciates sharply after CPI data.

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Tuesday, June 13, 8: It made intraday high at 9. Intraday bias remains bearish The bank previously lowered the rate by 0.

The Swedish currency firmed to 9. Betting against Sweden's krona is the best way for traders in Europe to protect against Donald Trump winning the U. So far this year, Sweden's krona is down by a thumping 7 per cent against its benchmark currency, the euro.

Naturally, that is put in the shade by the mighty British pound down 18 per cent and counting , but by any standards, it is quite a drop. There are currently no comments on this topic. Be the first person to Add a Comment ADD USER TO MY FAVOURITE.

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Home News Markets My FinData Portfolio Contact RSS Feeds. US dollar rises against major Asian currencies.

Aussie dollar falls in lively session. NZ dollar hits 3.

Yuan Gains as MSCI Accepts China A-Shares After 3 Years of Denial.