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.
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 ...
Kroner Capitalizes on Low Volatility in the Marketplace
December 28, 2010 2:26 pm by Dan EduardThe Scandinavian kroner made gains virtually across the board in the last week, as the combination of the Irish debt-crisis and low market volatility created less demand for the unstable euro and US dollar. Investor confidence in the euro-zone's ...
Scandinavian Kroner Continues to Make Gains on Dollar and Euro
December 7, 2010 5:53 pm by Dan EduardThe Scandinavian kroner saw an overwhelmingly positive week, as the combination of poor US employment data and euro-zone debt worries drove up the currencies. The latest US Non-Farm Employment Change figure, which came in well below expectations when it ...
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 ...
USD/SEK at 2-Yr Low after Fiery Speech from Riksbank
October 20, 2010 6:57 am by Greg HoldenThe Swedish krona has undergone one of its strongest rallies in recent memory these past few days after the Riksbank Deputy Governor Barbro Wickman-Parak delivered a hawkish statement last Thursday. The SEK climbed to a 2-year high against the US ...
Scandinavian Currencies See Major Gains vs. Safe-Haven Dollar
September 27, 2010 1:15 pm by Dan EduardFollowing last week's Swedish parliamentary elections, the Swedish krona continues to make gains against its US counterpart. While the elections initially caused some investor concern regarding the stability of the Swedish government, the krona has managed to maintain its ...
Kroner Sees Major Gains Against EUR and USD
September 6, 2010 12:09 pm by Dan EduardAn increase in risk taking as of late has led to significant gains for the Scandinavian kroner against both the US dollar and euro. Positive news, most importantly Friday's US Non-Farm Payrolls figure, has led to increased confidence in ...
Swedish Consumer Confidence at 10-Year High; SEK Climbing
August 31, 2010 3:35 pm by Greg HoldenThe Scandinavian economies have seen a modest boom over the past several months in relation to their southerly neighbors. Europe’s debt woes have persisted in making investments in the euro zone less stable, driving a large amount of investment into ...
Scandinavian Kroner May See Bullish Movement Against USD
August 23, 2010 11:52 am by Dan EduardToward the end of last week, the Scandinavian currencies were down substantially vs. their U.S. counterpart. Negative economic indicators out of the U.S. dampened investor confidence in the global economic recovery, leading to losses for riskier currencies like the ...
