• The Swedish Krona plunged to a 1-week low, drifting further away from recent peaks as the greenback strengthened across the board.  
   
• The dollar gained as investors trimmed bets against the greenback ahead of today’s initial U.S. unemployment benefit claims report and Friday’s non-farm payroll data that could help gauge the economic strength of the economy,
   
• Markets seem to have ignored Sweden's upbeat economic data, which showed Services PMI increased to a seasonally adjusted 56.6 in August from an upwardly revised 55.0 in the previous month, recording the third straight month of expansion in the service sector, and the highest reading since November 2018.
   
• USD/SEK trades 0.5 percent higher at 8.7507, having hit a high of 8.7696 earlier, its highest since August 27.
   
• Immediate resistance is located at 8.7750, any close above could take it near 8.7940. 
   
• On the lower side, support is seen at 8.6716, break below could take it till 8.6594.