Swedish Krona Sep '26 (SKU26)
Swedish Krona Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.07%. The dollar is moving lower today amid signs that peace negotiations between the US and Iran are progressing, which is curbing safe-haven demand for the dollar. Also, today's rally in the S&P 500 to a new record high has dampened liquidity demand for the dollar. In addition, today's -2% fall in crude oil prices lowers inflation expectations and may prompt the Fed to ease monetary policy, a negative factor for the dollar. The dollar recovered from its worst level after the US May consumer confidence index fell less than expected.
The US Apr Chicago Fed National Activity Index rose +0.29 to a 13-month high of 0.14, stronger than expectations of -0.03.
The US Mar S&P Composite-20 home price index rose +0.83% y/y, a smaller increase than expectations of +0.90% y/y and the smallest year-on-year gain in more than 2.5 years.
The Conference Board US May consumer confidence index fell -0.7 to 93.1, a smaller decline than t... Read more
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