USD/SEK
USD/SEK10.15535SEK
Today
-0.02%
1 Week
-2.23%
1 Month
-2.69%
6 Months
-3.63%
Year to Date
+1.15%
1 Year
-8.99%
Key Data Points
Opening Price
10.15011Previous Closing Price
10.15711USD/SEK Trading Strategy
Trading Strategy
Our preference: the downside prevails as long as 10.1550 is resistance.
Alternative scenario
above 10.1550, look for 10.1930 and 10.2150.
Comment
the downside prevails as long as 10.1550 is resistance.
USD/SEK News
SEK: Swedish inflation surprises on the downside – ING
Data released this morning show Swedish CPIF inflation declined to 1.2% versus a consensus of 1.4% in August, and core CPIF (excluding energy) was on consensus at 2.2%.
SEK trading as an equity proxy again – Société Generale
Despite the desynchronisation of ECB and Riksbank rates decisions, EUR-SEK rates differentials poorly explain the path of the FX rate, Société Generale FX strategists note.
Will the Riksbank fall in line with market expectations? – Commerzbank
The general consensus is that the Riksbank will cut the key interest rate today by 25 basis points to 3.50%, After all, inflation is trending downwards, although the monthly changes in the core rate could fall a little more, Commerzbank’s FX Analyst Antje Praefcke notes Two or three more moves for the rest of the year “The economy is weakening and could be supported with interest rate cuts.
SEK: Little hope for recovery – Commerzbank
Swedish krona has depreciated by almost 5% against the euro since the beginning of June, and there are several reasons for this, Commerzbank’s FX analyst Antje Praefcke notes.
