LONDON—The Swedish crown was hurt by the Riksbank’s dovish stance on Thursday, while other currency market moves were small as investors awaited key data on U.S. inflation for clues on the U.S. Federal Reserve’s policy-tightening trajectory.
Investors’ appetite for riskier assets has been hurt so far this year by expectations that the Federal Reserve will begin tightening monetary policy, starting with a rate hike at its March meeting.
