# Euro, sterling and Swedish crown jump 1% after slew of economic data | Financial Post

> The euro, sterling and Swedish crown rose about 1% against the dollar on Tuesday as traders weighed UK and euro zone jobs data and a better German ZEW sentiment reading. The dollar index slipped 0.8% to 106.08, touching a three-month low. Traders also cited easing tensions after the Biden-Xi summit and Russia's withdrawal from Kherson.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8199-euro-sterling-and-swedish-crown-jump-1-after-slew-of-economic-data-financial
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Routine FX moves with a softer dollar offer only marginal support to dollar-priced commodities. The de-escalation headlines slightly reduce safe-haven demand for the dollar.

## Read by commodity

- DXY: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/euro-sterling-and-swedish-crown-jump-1-after-slew-of-economic-data

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.