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USD/SEK hints at dip buying

The hourly 50-period SMA broke through the slower 200-period SMA, adding credence to the recent bullish USD/SEK profile.

If USD/SEK spot falls closer to the level where the moving averages crossed, then buyers might see it as an opportunity to reenter. Furthermore, a convincing break through the 50 SMA signals a neutral tone, shifting negative below the 200 SMA.

EUR/USD dips to weekly lows near 1.0960

The single currency is depreciating further vs. the greenback on Thursday, taking EUR/USD to the vicinity of 1.0960...
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