Euro Sees Bullish Week against SEK and NOK
March 29, 2011 12:54 pm by Dan EduardThe last week saw the euro make fairly significant gains against the SEK, while it slowed down its recent bullish trend against the NOK. This was largely due to the likelihood that the euro-zone will raise interest rates next ...
Danish Krone Bearish after Moody’s Downgrade
February 22, 2011 11:30 am by Greg HoldenLast week’s downgrade of five top-listed Danish banks by Moody’s Investor Services has put moderate sell pressure on the krone (DKK).
NOK Lower as Crude Oil Prices Plummet
February 8, 2011 12:43 pm by Greg HoldenAmid the mixed results of the US dollar against most of its currency rivals, the Scandinavian kroner have actually given up ground versus their American currency counterpart.
USD/DKK- Technical Signal
January 26, 2011 10:47 am by Anton EljwizatThis pair is showing a price just beginning to ascend out of the over-sold region on the daily RSI, suggesting a momentum shift may be occurring to the latest string of downward movements. The imminent bullish crosses on the daily ...
EUR Sees Bullish Movement against Kroner
January 18, 2011 11:35 am by Dan EduardFollowing the successful euro-zone debt auction last week, the EUR was able to finally break out of its downward spiral against the Scandinavian currencies. After falling more than 900 pips late last week, the EUR/SEK has since rebounded and ...
Danish Kroner Set to Correct Losses against Dollar
January 11, 2011 11:34 am by Dan EduardOver the last week, the US dollar has moved up more than 2000 pips against its Danish counterpart, largely due to positive fundamental data that has caused investors to flock to the greenback. At the same time, technical data ...
Kroner Remains Bearish Against USD
January 11, 2011 11:30 am by Dan Eduard2011 has seen a series of positive fundamental indicators out of the US that have boosted the greenback against most of its main currency rivals, including the Scandinavian kroner. As the employment and manufacturing sectors in the United States ...
Positive Data Causes the Kroner to Move Up against Dollar
January 4, 2011 11:14 am by Dan EduardAs we start off the new year, we see that the Scandinavian kroner continues to make gains against the US dollar as positive fundamental indicators have boosted confidence in the global economic recovery. While the Scandinavian currencies have also ...
NOK Vulnerable to European Debt Concerns
November 16, 2010 10:29 am by Greg HoldenThe pressure being placed on Ireland to accept a bailout of its financial institutions has been weighing on risk appetite throughout the region. Traders appear weary of taking on too much risk, which has pulled funds away from the higher ...
Denmark May Raise Rates; Swedish Krona in Decline
November 9, 2010 9:59 pm by Greg HoldenThe liquidity exit of the European Central Bank (ECB) may soon drive regional rates higher than Denmark’s and subsequently dampen demand for the Danish krone (DKK). Despite their dependence on euro zone credit, Ireland, Greece, and Portugal may find themselves ...
