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Forex: EUR/SEK dips to session lows on higher CPI

FXstreet.com (Barcelona) - The Swedish krona is posting strong gains against the single currency on Thursday, after the Nordic consumer prices advanced 0.4% on a monthly basis, exceeding estimates. Over the last twelve months, prices came in flat, leaving behind the previous contraction of 0.2%.

In the opinion of Erica Blomgren, FI Strategist at SEB, “the recent advance of 2% in house prices during March would point to a hawkish bias from the Riksbank”, ahead of its next meeting.

At the moment, the pair is down 0.30% at 8.3345 with the next support at 8.3095 (low Apr.3) en route to 8.3051 (low Apr.2) and then 8.2840 (low Mar.27).
On the other hand, a surpass of 8.3910 (high Apr.10) would open the door to 8.4457 (high Apr.4) and finally 8.4585 (high Mar.25).

Forex Flash: Chinese data adds to risk on sentiment - TD Securities

TD Securities analysts note that overnight saw a decent risk-on session for Asia-Pac today, with equities higher across the board, commodity currencies outperforming and AUD 10yr bond yields opening 9bp higher (although rallied thereafter).
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Forex: EUR/GBP trading at session lows at 0.8505/08

The EUR/GBP has fallen off a peak in the 0.8538 level (intraday maximum) Thursday, and has not looked back since. The downwards path of the pair has managed to erase all daily gains and at the time of writing the cross is trading at 0.8505/08, at daily lows.
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