On Wednesday evening, one US dollar cost 9.56 kronor, the highest level since the beginning of November and can be compared to 9.40 kronor just under a week ago.
Having previously priced in a rate cut in December, the market has essentially discounted that probability. This comes after Wednesday's announcement that the US Labor Department will not report jobs data for October in its entirety, as a rate cut traditionally means the dollar weakens.
However, the Federal Reserve's latest interest rate meeting, which was also published on Wednesday evening, shows a divided group of members within the Federal Reserve.
Several participants point out that it would be desirable to maintain the policy rate at the current level, while others lean towards a reduction if the American economy does not develop in the right direction.
At the latest monetary policy meeting, all but two members voted for a cut. Governor Stephen Miran, appointed by President Donald Trump, wanted to see a double cut, while Jeff Schmid believed the policy rate should be left unchanged.
