USD/SEK declines as the US Dollar consolidates gains

Share:

• The USD/SEK is seen at 10.908 with 0.10% loses
• US Treasury yields retreated after sharply rising on Thursday.
• All eyes are on next week’s CPI data from October from the US.

The USD/SEK showed minimal downward movements around the 10.908 area on Friday. The pair declined as the Greenback consolidated the week’s gains while falling US yields and negative consumer sentiment data from the University of Michigan are making the US Dollar struggle to gain interest.