Swedish Krona Top Performer, Oil Dip Weighs on Norway’s Krone
May 3, 2011 7:11 am by Greg HoldenLittle appears to be rumbling on the surface in the currency world of Scandinavia since last week. Sweden still dominates the forex market with record gains against all of its currency rivals. Norway has been growing steadily as oil ...
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 ...
Long Term Support for Swedish Krona
November 30, 2010 2:23 pm by Natalie R.Following a month long plunge against the dollar, investors, along with Sweden’s central bank official, anticipate an imminent rebound for the Swedish krona versus the USD. The Swedish currency plunged in late October as the Riksbank dampened investors' expectations 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 ...
Swedish Currency in Position for Muted Gains
July 6, 2010 1:53 pm by Greg HoldenSweden's central bank, the Riksbank, recently stated that its growth prospects remain solid, and that its economy currently stands on firm ground. We've seen long-term appreciation of the SEK against its 16-nation EUR counterpart over the past few months, with ...
Swedish Kroner Due for Reversal against USD?
May 24, 2010 5:26 pm by Greg HoldenThe US Dollar's recent resurgence has caused a stir across a number of markets, but the subsequent rumblings are not unexpected. Any time investors see a sharp movement by any currency there is an understanding that a correction is in ...
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 Consumer Confidence Rises, SEK Pares Losses
February 2, 2010 10:32 am by Greg HoldenThe Swedish Krona (SEK) stabilized against its US counterpart during Thursday's early trading after a few government reports disclosed information that the nation's retail sales in December, as well as consumer confidence in January, increased at a faster pace than ...
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 ...
Scandinavian Economies Leading Europe out of Recession?
November 10, 2009 12:14 pm by Greg HoldenFollowing last week's employment data from the United States it appears as if the US Dollar has entered a free-fall and many other global currencies are reaping the benefits. The Scandinavian currencies have largely entered bullish trends against the greenback, ...
