• The Swedish Krona rallied, drifting away from a near 1-month low hit in the previous session as the dollar index eased across the board. 
   
• The dollar declined as riskier currencies gained, with some analysts attributing the improvement in sentiment to U.S. regulators approving a treatment for COVID-19 patients.
   
• USD/SEK trades 0.3 percent lower at 8.7580, having hit a high of 8.8172 on Friday, its highest since July 27.
   
• Immediate resistance is located at 8.8276, any close above could take it near 8.8545.
   
• On the lower side, support is seen at 8.7191 (21-DMA), break below could take it till 8.7005 (5-DMA).