• The Swedish Krona advanced to a 1-1/2 year peak as the dollar slumped across the board. 
   
• The dollar index declined to a 4-1/2 month low as progress in developing vaccines for the novel coronavirus reduced the U.S. dollar’s safe-haven appeal.
   
• Moreover, concern about disagreement over stimulus spending in the United States further dented the bid tone around the greenback. 
   
• Republican and Democratic lawmakers said they expected the legislation to include more funding for coronavirus testing, despite earlier resistance to the idea from President Donald Trump’s administration.
   
• The greenback against a basket of currencies traded 0.2 percent lower at 94.98, having touched a low of 94.96 earlier, its lowest since March 9.
   
• USD/SEK trades 0.3 percent down at 8.8515, having hit a low of 8.5000 earlier, its lowest since late January 2019.
   
• Immediate resistance is located at 8.9566, any close above could take it near 8.9998.
   
• On the lower side, support is seen at 8.8477, break below could take it till 8.7714.