SEK Weakens, but Bullishness on the Horizon
September 1, 2009 12:53 pm by Greg HoldenIt appears as if the Swedish Krona has been on a downtrend against the US Dollar since August 24th, raising questions about the recent claims of recovery in Sweden. An observer might note that the trend of the USD/SEK is ...
Scandinavian Currencies Begin Descent on Unsteady Equities
August 25, 2009 10:46 am by Greg HoldenThe steady rise of the Scandinavian currencies over the past 2 weeks has experienced its first threat. Incremental decreases to risk appetite over the last week have had the effect of pushing world stocks up and down sporadically. This volatility ...
Kroners Paring Losses after Downturn
August 11, 2009 12:19 pm by Greg HoldenFollowing last week's surge in USD purchases, the Scandinavian currencies appear to be on the rebound from their latest downturn. Being labeled as two of the most underperforming currencies against the Dollar's spike, the SEK and NOK both appeared shaken ...
Krone Rally Highlights Growth in Scandinavia
July 28, 2009 10:28 am by Greg HoldenThe Scandinavian currencies have experienced a strong bullish rally over the past week due to the sudden drop in the demand for the USD safe-haven. Last week's housing data in the United States has convinced many investors that the worst ...
Sweden Experiencing Optimism; Energy Prices Assisting NOK
July 21, 2009 9:49 am by Greg HoldenThe Swedish Krona's recent rebound, some might say, could be attributed to the sudden downturn in the world's primary safe-haven, the US Dollar. On the other hand, Swedish investors appear to be posting improved results for their investments and exports ...
Risk Aversion Pushed Scandinavian Currencies Down, but will it Last?
July 7, 2009 8:55 am by Greg HoldenFollowing Thursday's surprise announcement to cut Swedish interest rates to 0.25%, the SEK dropped moderately against the USD and EUR. The USD/SEK pair rose from 7.5440 to as high as 7.8733. Helping to push the value of the SEK lower ...
Risk Aversion and Commodities Put Downward Pressure on Kroners
June 30, 2009 12:53 pm by Greg HoldenIn Scandinavian news this week we have a few factors to consider. First is the purchase of 4 billion Thai Baht by Sweden which has helped boost Sweden's market share and ability to conduct more long-term business in the South-Asian ...
NOK under Weight of Declining Oil Prices
June 23, 2009 9:55 am by Greg HoldenNorway appears to be an active market player for the forex world lately. With a recent discovery of a sizeable oil well in the northern Norwegian Sea, the price of the black gold remains a serious factor for the NOK. ...
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.
Scandinavian Currency Analysis
May 26, 2009 10:47 am by Greg HoldenPrimary news affecting the Scandinavian currencies these past weeks has been the movement of the major world currencies. This is nothing new for those traders who invest in the Swedish Krona, or the Danish and Norwegian Krone.
