Sweden Experiencing Optimism; Energy Prices Assisting NOK
July 21, 2009 9:49 am by Greg HoldenThe Swedish Krona's recent rebound, some might say, could be attributed to the sudden downturn in the world's primary safe-haven, the US Dollar. On the other hand, Swedish investors appear to be posting improved results for their investments and exports ...
Risk Aversion Pushed Scandinavian Currencies Down, but will it Last?
July 7, 2009 8:55 am by Greg HoldenFollowing Thursday's surprise announcement to cut Swedish interest rates to 0.25%, the SEK dropped moderately against the USD and EUR. The USD/SEK pair rose from 7.5440 to as high as 7.8733. Helping to push the value of the SEK lower ...
Scandinavian Currency Analysis
May 26, 2009 10:47 am by Greg HoldenPrimary news affecting the Scandinavian currencies these past weeks has been the movement of the major world currencies. This is nothing new for those traders who invest in the Swedish Krona, or the Danish and Norwegian Krone.
A New Member to the EUR?
November 6, 2008 3:35 pm by Russell GlaserThe Euro may have a new addition soon. The Danish government is pushing for a public referendum to allow the country to join the European Monetary Union.