GBP/USD drifting higher in thin Monday action as investors await key data

The GBP/USD climbed to a Monday high near 1.2280 as markets jockey for position ahead of Tuesday's bumper data prints, with UK wages and labor data hitting markets in the early London session before US Consumer Price Index (CPI) inflation figures drop on investors in the mid-day.
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USD/SEK falls sharply as the US dollar weakens, Swedish CPI

The USD/SEK fell sharply on Monday to a daily low of 10.825 and then consolidated around 10.830, showing a daily decline of 0.40%, driven by the report of hot Swedish inflation figures and a weakening USD.
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