Scandinavian Kroner Reaching Tipping Point vs. USD?
May 17, 2011 6:35 am by Greg HoldenLooking 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 ...
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.
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 ...
USD/SEK’s Bearish Momentum
February 1, 2011 11:31 am by Greg HoldenAs we can see from the chart below (provided by ForexYard), the USD/SEK has been trading within a major downtrend for some time now. The current reading has pushed below the Sept. 2009 price, making this a 2-year low price ...
Swedish Krona Reaches 10-yr High vs. EUR
February 1, 2011 11:30 am by Greg HoldenThe Swedish economy has been outperforming many of its regional neighbors over the past few years and traders are beginning to see a signal that its currency is breaking barriers.
USD/SEK Expected to go Bullish
January 28, 2011 7:52 am by Anton EljwizatThe USD has dropped significantly versus the SEK in the past 3 weeks, and it is currently traded around 6.4430. And now as evident in the data below, the daily chart is giving bullish signals, indicating that USD/SEK pair might ...
USD/SEK Approaching Key Support
January 25, 2011 12:38 pm by Russell GlaserThe USD/SEK has resumed its downtrend and only one support level stands in the way of the 2010 low.
Shifting Fundamentals Boast Well For Krona
January 25, 2011 12:30 pm by Russell GlaserIncreased rates of growth and rising interest rates are all positive factors for continued gains in the Scandinavian currencies, particularly the SEK and the NOK.
USD/SEK Target at 6.80 by End of the Year
November 30, 2010 2:30 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 currency dropped from 6.48 versus the dollar to currently trade at 7.05.
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 ...
