Swedish Central Bank to Open the Books
June 8, 2011 1:43 pm by Russell GlaserIn following with the trend of a more open and transparent central bank, the Riksbank will begin to publish macroeconomic indicators on its website.
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 ...
Stockholm or Bust: Sweden’s Powerhouse Economy
March 8, 2011 11:00 am by Greg HoldenA variety of articles have analyzed the rising strength of the Swedish krona (SEK) to point of exhaustion. A key aspect emphasized, though – as is usual in this global economic environment – is caution. But is caution warranted when ...
Swedish Krona Rallies
March 1, 2011 10:12 am by Russell GlaserBoth the USD/SEK and the EUR/SEK have fallen to new lows as central bank comments show the Riksbank attempting to rein in inflation in light of rising commodity prices and strong GDP growth.
EUR/SEK Signals Mixed, Expecting Mild Retracement
February 15, 2011 12:00 pm by Greg HoldenThe technical indicators for the EUR/SEK reveal an impending retracement to the latest price downturn, but these signals appear weak.
Swedish Krona Bullish after Riksbank Rate Hike
February 15, 2011 11:30 am by Greg HoldenThe Swedish economy is once more at the forefront of Scandinavian news, with the krona (SEK) bullish against its primary rivals. After an increase to the short-term repo rate by the Riksbank, forecasts on the SEK appear to favor additional ...
Head and Shoulders Pattern Signals Reversal for USD/SEK
November 23, 2010 3:22 pm by Russell GlaserThe daily chart of the USD/SEK is showing an interesting chart pattern that hints at a reversal in the long term trend of the pair.
NOK Vulnerable to European Debt Concerns
November 16, 2010 10:29 am by Greg HoldenThe pressure being placed on Ireland to accept a bailout of its financial institutions has been weighing on risk appetite throughout the region. Traders appear weary of taking on too much risk, which has pulled funds away from the higher ...
USD/SEK at 2-Yr Low after Fiery Speech from Riksbank
October 20, 2010 6:57 am by Greg HoldenThe Swedish krona has undergone one of its strongest rallies in recent memory these past few days after the Riksbank Deputy Governor Barbro Wickman-Parak delivered a hawkish statement last Thursday. The SEK climbed to a 2-year high against the US ...
Swedish Krona Running Into Support Levels
September 6, 2010 12:57 pm by Russell GlaserThe USD/SEK is fast approaching both a minor and a major support level as the bearish trend looks set to continue.