Stockholm or Bust: Sweden’s Powerhouse Economy
March 8, 2011 11:00 am by Greg HoldenA variety of articles have analyzed the rising strength of the Swedish krona (SEK) to point of exhaustion. A key aspect emphasized, though – as is usual in this global economic environment – is caution. But is caution warranted when ...
EUR/SEK Signals Mixed, Expecting Mild Retracement
February 15, 2011 12:00 pm by Greg HoldenThe technical indicators for the EUR/SEK reveal an impending retracement to the latest price downturn, but these signals appear weak.
Swedish Krona Bullish after Riksbank Rate Hike
February 15, 2011 11:30 am by Greg HoldenThe Swedish economy is once more at the forefront of Scandinavian news, with the krona (SEK) bullish against its primary rivals. After an increase to the short-term repo rate by the Riksbank, forecasts on the SEK appear to favor additional ...
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.
Swedish Krona Reaches 10-yr High vs. EUR
February 1, 2011 11:30 am by Greg HoldenThe Swedish economy has been outperforming many of its regional neighbors over the past few years and traders are beginning to see a signal that its currency is breaking barriers.
Shifting Fundamentals Boast Well For Krona
January 25, 2011 12:30 pm by Russell GlaserIncreased rates of growth and rising interest rates are all positive factors for continued gains in the Scandinavian currencies, particularly the SEK and the NOK.
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 ...
SEK Tumbles Against its Currency Rivals
October 26, 2010 6:49 pm by Dan EduardThe Swedish krona tumbled against all of its currency rivals in trading on Tuesday, following a statement from the Swedish Central Bank saying that national interest rates would remain at their current level for the near future. The statement ...
Both NOK and DKK Continue to Fall Against Main Currency Rivals
October 12, 2010 4:16 pm by Dan EduardSweden continues to be one of the major success stories in European economics. Recently, comments from the Swedish Central Bank signaled a possible rise in interest rates in the near future. This led to fairly significant gains for ...
Norway Holds Interest Rates Steady; NOK Sees Muted Gains
August 17, 2010 12:22 pm by Greg HoldenNorway’s central bank decided to leave interest rates unchanged last week, a decision which was broadly anticipated. Comments from Norges Bank Governor Svein Gjedrem seem to suggest that Norway’s economic growth and inflationary figures are on track with what they ...
