Nordic Currencies May See Upward Move versus EUR
June 9, 2010 2:40 pm by Natalie R.With the pressure on the common currency refuses to abate it seems that the Nordic currencies are a good alternative investment and may soon see an upward correction versus the EUR. The Nordic economies seem to be on the path ...
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 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 ...
Interest Rates and Bank Concerns Weigh on Scandinavian Currencies
June 16, 2009 11:46 am by Greg HoldenThe recent meltdown in the Baltic States has continued to spread concern to the Scandinavian economies, especially as the central bank of Sweden is set to meet during the first week of July regarding short-term interest rates, and Norway will ...
SEK Affected by Baltic Fears
June 9, 2009 1:13 pm by Greg HoldenSweden's recent troubles appear to stem from their exposure to the Baltic States' recent systemic weakness. With over 500 billion SEK ($63.4 billion) invested throughout these countries, Sweden's stake in the economic health of the Baltic States ties in with ...
