• The Swedish Krona surged to an over 2-month peak as the greenback slumped against a basket of currencies.
   
• The dollar index plunged after data showed U.S. homebuilding declined by the most on record in April and permits for future construction tumbled, highlighting fears of coronavirus crisis.
   
• USD/SEK trades 0.5 percent down at 9.6277, having hit a low of 9.6240 earlier, its lowest since March 16.
   
• Immediate resistance is located at 9.6986 (200-DMA), any close above could take it near 9.7285.
   
• On the lower side, support is seen at 9.6000, break below could take it till 9.5830.