USD/DKK Offers Trading Education Opportunity
April 6, 2010 3:30 pm by Greg HoldenGiven the thin trading conditions currently in the market, the Danish Krone appears to be offering a good opportunity to learn a good lesson about reading technical analysis. The chart displayed below is the 4-hour chart of the USD/DKK currency ...
Scandinavian Kroner Advancing Amid Regional Turmoil
March 17, 2010 12:33 pm by Greg HoldenThe Scandinavian currencies all seem to be gaining ground on their European and American counterparts. The Swedish Krona may be the exception, however. Although the SEK has made substantial gains versus the US Dollar, it has continued to struggle against ...
Swedish GDP Shows a Return to Recession in Q4
March 3, 2010 11:15 am by Greg HoldenFollowing the release of Sweden's recessionary data, the Swedish Krona (SEK) took a sharp dive against its primary counterparts. The data revealed that Sweden actually slipped back into recession during the fourth quarter of 2009.
Swedish and Norwegian Kroner in Position to Gain Big!
December 29, 2009 11:00 am by Greg HoldenHeadline news this week seems to be the expectation of a vastly improving Swedish Krona. Analysts and investors from large firms such as UBS AG, UniCredit SpA, Danske Bank A/S, and Deutsche Bank AG all suggest going bullish on the ...
Denmark Under Pressure to Swap DKK for EUR
October 6, 2009 10:23 am by Greg HoldenLast week's surprising employment data from the United States had 2 Scandinavian currencies moderately depreciating versus the greenback and euro until the start of this week. The Swedish and Danish Krona both hit a near-1-month low against the Dollar last ...
Scandinavian Countries Positioned for Currency Rebound
July 14, 2009 1:58 pm by Greg HoldenNews in Sweden has recently added the possibility of a rise in consumer confidence as the Riksbank has extended its 50 billion SEK bailout program by an additional 6 months in order to ease lending throughout the country. The program ...
Introducing the EUR/NOK at ForexYard
June 19, 2009 12:16 pm by Yan PettersHello all, I am pleased to tell you all that inline with public demand ForexYard decided to provide its traders the ability to trade the EUR/NOK pair in addition to the wide variety of currency pairs and commodities it currently offers.
Interest Rates and Bank Concerns Weigh on Scandinavian Currencies
June 16, 2009 11:46 am by Greg HoldenThe recent meltdown in the Baltic States has continued to spread concern to the Scandinavian economies, especially as the central bank of Sweden is set to meet during the first week of July regarding short-term interest rates, and Norway will ...
SEK Affected by Baltic Fears
June 9, 2009 1:13 pm by Greg HoldenSweden's recent troubles appear to stem from their exposure to the Baltic States' recent systemic weakness. With over 500 billion SEK ($63.4 billion) invested throughout these countries, Sweden's stake in the economic health of the Baltic States ties in with ...
