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Scandinavian Kroner Reaching Tipping Point vs. USD?

May 17, 2011 6:35 am by Greg Holden

Looking over the fundamentals tells the story of an ascendant Scandinavia in the currency world. The Swedish krona (SEK) and Norwegian krone (NOK) are among the globe’s highest yielding currencies from a fundamental standpoint. But why then does the technical ...

Negative Scandinavian News Hurts Kroner

December 22, 2009 9:09 pm by Dan Eduard

The Scandinavian Kroner took fresh losses against the U.S. Dollar in recent trading. This was largely due to a series of positive news events coming out of America, combined with negative economic indicators from countries such as Sweden and Norway.

Scandinavian Kroner Set for Further Losses Against Greenback

December 14, 2009 3:22 pm by Dan Eduard

After making significant gains against both the U.S. Dollar and Euro in trading late last week, the Scandinavian Kroner dropped amid positive American economic news. After reaching a 2-day high of 7.0576 against the Dollar last Thursday, the Swedish ...

Scandinavian Kroner Falls Against Dollar

December 7, 2009 4:19 pm by Anton Eljwizat

After hitting new highs against the U.S. Dollar in trading last week, the Scandinavian Kroner reversed their gains following the release of better than expected American unemployment figures. Last week the Norwegian Krone reached near-record highs against the dollar, ...

Scandinavian Kroner Declines Amid Dubai Debt Concerns

December 1, 2009 2:46 pm by Anton Eljwizat

Scandinavian markets were greatly affected by global events this past week. Swedish Krona headed for its second monthly depreciation versus the EUR, falling 0.5% to 10.4946 per EUR yesterday after Dubai’s government said Dubai World's debt is not yet assured. ...