Scandinavia Quiet ahead of Swedish Rate Announcement
April 19, 2011 4:10 pm by Greg HoldenThe Scandinavian currencies have been trading mildly within the same trends which they possessed over the past week or more. The Swedish krona is still gaining on statements by the central government that it would raise taxes next year, continue ...
USD May See Bullish Reversal Against NOK
April 6, 2011 8:08 am by Anton EljwizatAfter tumbling throughout the last week, technical indicators are now showing that the USD/NOK may be due for an upward correction. As we will see, now may be a good time for traders to open long positions for ...
Rising Oil Prices Help NOK against Main Rivals
April 6, 2011 7:45 am by Dan EduardThe Norwegian krone had a very profitable week, as rising oil prices helped support the Scandinavian currency against its main currency rivals. Continued rumors of a Norwegian interest rate hike also helped support the currency. Against the US ...
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 ...
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/NOK Bullish Movement on the Horizon
January 18, 2011 11:43 am by Dan EduardWhile the US dollar has spent the last week stuck in a bearish trend against the Norwegian krone, (the USD/NOK pair has tumbled more than 1700 pips), we are starting to see signs that an upward correction is likely to ...
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 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 ...
Dollar May See Boost against NOK
January 4, 2011 11:18 am by Dan EduardSince early last week, the US dollar has been steadily dropping against its Norwegian counterpart. The USD/NOK pair has fallen close to 1300 pips since the 27th of December, largely due to the low volatility that existed in the ...
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 ...
