U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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TOKYO/LONDON, Sept 20 (Reuters) – The dollar remained strong around a two-decade high versus major peers on Tuesday as investors held firm in expectation of another aggressive rate hike by the Federal Reserve to rein in inflation.
Sweden’s central bank set the tone for a packed week of central bank meetings by raising rates by a full percentage point, a larger increase than analysts had expected, causing the Swedish crown to briefly spike against the euro and dollar. read more
The crown was last little changed versus both at 10.764 per dollar and 10.8 per euro having briefly firmed to as much as 10.7025 per euro.
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The main central bank event this week, however, is the Fed, which begins its…
