Scandinavian Kroner Fall from Last Week’s Highs
November 3, 2009 12:45 pm by Greg HoldenIt seems last week's rise in Norwegian interest rates had the expected effect of raising the value of the NOK in the short run. However, cautionary statements about decreased growth resulting from a strong Kroner helped push the currency back ...
Scandinavian Currencies Continue to Benefit from Falling USD
October 20, 2009 4:41 pm by Greg HoldenThe biggest trend in the market now is the falling US Dollar. The Scandinavian currencies have all continued their bullish run against the greenback, along with many other global currencies. The Swedish central bank has been heralded as a champion ...
NOK Still Bullish; Swedbank Threatened by Latvian Mortgage Program
October 13, 2009 1:06 pm by Greg HoldenOnce again the Baltic States emerged as a threat to one of Sweden's largest banks. With a program to reduce mortgage liabilities, Latvia is putting much attention on the exposure which banks like Swedbank have to the Baltic region. Swedbank ...
Sweden and Norway Offer Fast-Recovery as a Main Attraction
September 30, 2009 4:35 pm by Greg HoldenRecent studies have shown that the Swedish and Norwegian Kroner are 2 of the currencies which have gained the most ground on the US Dollar since the end of June. Talks at the G20 Summit have speculated an anticipated rate ...
Scandinavian Currencies Undervalued; Bullishness Expected
September 15, 2009 10:25 am by Greg HoldenWith the Dollar Index dropping to its lowest level in a year last week, and oil prices stabilizing, the Scandinavian currencies have been making record gains. The SEK, NOK, and DKK have all entered steady up-trends versus the greenback, with ...
Swedish Krona at 2-Week High vs. Dollar
September 8, 2009 2:19 pm by Greg HoldenThe recent plummet of the US Dollar has helped boost all of the Scandinavian currencies against this forex giant, while the EUR has only lost moderately in comparison. The Swedish Krona is up to a 2-week high against the greenback, while ...
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 ...
