The Swedish krona rose today to the highest level in two years versus the US dollar on the speculation that the central bank would perform its monetary tightening plans and as the economic data was favorable.
Krona at Two-Year Record on Outlook for Monetary Tightening
October 01st, 2010 at 12:24
Swedish Krona
Swedish Krona Down on Eurozone Optimism
March 03rd, 2010 at 16:48
Swedish Krona
The Swedish krona fell for another day this Wednesday as optimism in the Eurozone and negative releases in the Nordic country declined attractiveness regionally for assets in Sweden.
Krona Hits Record High on Swedish Interest Rate Outlook
The Swedish krona traded at the highest level in more than a year versus the euro as the nation’s central bank signaled that interest rates may be hiked sooner than previously expected by analysts, bringing regional investors to purchase assets in the region.
Swedish Krona Gains on Greece’s Budget Deficit
January 16th, 2010 at 2:21
Swedish Krona
The Swedish krona ended this week gaining versus the European single currency as Greek’s budget deficit is once again affecting the outlook for the euro, which also declined versus most of the main traded currencies in foreign-exchange markets.
Swedish Krona Down on U.S. Optimism
The Swedish krona has been losing terrain versus the dollar as the U.S. economy signals of recovery has been leaving space for speculations regarding interest rate hikes, declining attractiveness for the Swedish currency.
Swedish Krona Posts Biggest Fall in 2 Weeks
November 18th, 2009 at 0:29
Swedish Krona
After the IMF statements regarding a slower than expected global economic recovery, the Swedish krona posted an intense decline versus the U.S. dollar, as traders opted for safety in a rather turbulent trading session.
Sweden’s Krona Down Further on Economic Outlook
October 27th, 2009 at 23:17
Swedish Krona
The Swedish currency has been one of the biggest losers in the European currency market as producer prices declined again in September, raising concerns towards the economic recovery in the country.
Swedish Krona on Interest Rate Forecasts
October 23rd, 2009 at 0:39
Swedish Krona
The Swedish krona fell today after the national central bank maintained interest rates at a record low, indicating that the Nordic economic will require further stimulus to recover from the current recession.
Swedish Krona Declines on Extended Loans
September 03rd, 2009 at 13:50
Swedish Krona
The Swedish currency declined today versus the euro and most of the 16 main traded currencies as the national central bank maintained interest rate in its historic record low of 0.25 percent leaving space for speculations that the country financial system is still facing a complicated situation.
Swedish Krona Down on Central Bank Surprise
July 02nd, 2009 at 12:12
Swedish Krona
The Swedish krona lost against the euro and the dollar today after the nation’s central bank unexpectedly cut its benchmark interest rate and stated that the recession is deeper than predicted.