XE Market Analysis: North America – Apr 26, 2018

The dollar was showing modest net declines on the day as of the early European PM session, giving back gains seen during the pre-London session in Asia, when the greenback posted fresh trend highs versus the euro and yen, among other currencies. The Swedish krone was a notable mover after the Riksbank pushed back the timing of its expected first tightening of the cycle. The Scandinavian currency dove over 0.5% to its lowest levels against the euro since December 2009. EUR-USD was choppy ahead of the ECB policy announcement.