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USD/SEK

USDSEK
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9.473

-0.007-0.08%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.08%

5 Days

-0.51%

1 Month

-2.36%

6 Months

+4.68%

Year to Date

+2.90%

1 Year

-1.40%

Key Data Points

Opening Price

9.455

Previous Closing Price

9.480
Price Range of the Day
9.4479.481
52-Week Price Range
8.7379.795

Swedish Krona: Riksbank keeps tightening option open – Commerzbank

Commerzbank’s Antje Praefcke reports that the Riksbank left its policy rate at 1.75% and maintained a restrictive stance, still seeing a hike later this year as likely.

FxstreetFri, Aug 21

Swedish Krona: Riksbank keeps hikes on table – BNY

BNY Mellon’s Geoff Yu reports the Swedish Riksbank left its policy rate at 1.75%, judging the stance well balanced amid stronger growth and inflation but a softer labor market. Underlying inflation is near 2% and summer readings beat forecasts.

FxstreetThu, Aug 20

Swedish Krona: Hawkish Riksbank stance holds – Commerzbank

Commerzbank’s Antje Praefcke expects the Sweden’s central bank, the Riksbank, to leave its policy rate at 1.75% and maintain a hawkish tone similar to June’s statement.

FxstreetThu, Aug 20

Swedish Krona: Riksbank seen on cautious hawkish hold – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad expects the Riksbank to keep its policy rate at 1.75% for a seventh consecutive meeting while leaving the door open to a later hike as inflation runs above projections.

FxstreetMon, Aug 17

Swedish Krona: Riksbank steady as currency lags – BNY

BNY's Wee Khoon Chong note Sweden’s Riksbank appears comfortable with its current policy stance as inflation stays below target, leaving two hikes in the repo path mainly as a risk acknowledgment.

FxstreetMon, Aug 17

Swedish Krona: Hotter core supports SEK against Euro – ING

ING’s FX Strategist Francesco Pesole notes Sweden’s core CPIF excluding energy rose to 0.6% in July, giving the Swedish Krona (SEK) a modest boost, while headline inflation slowed as expected.

FxstreetThu, Aug 6

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(7)
Neutral(3)
Buy(3)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.012
Sell
RSI(14)
42.334
Neutral
STOCH(KDJ)(9,3,3)
34.973
Neutral
ATR(14)
0.071
High Vlolatility
CCI(14)
-91.997
Neutral
Williams %R
62.995
Sell
TRIX(12,20)
-0.066
Sell
StochRSI(14)
68.966
Buy
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
9.480
Sell
MA10
9.504
Sell
MA20
9.531
Sell
MA50
9.600
Sell
MA100
9.448
Buy
MA200
9.333
Buy

USD/SEK Trading Strategy

Intraday
Short Term
Rebound towards 9.4946

Trading Strategy

Rebound towards 9.4946

Alternative scenario

below 9.4137, expect 9.3846 and 9.3673.

Comment

Rebound towards 9.4946

Fri, Aug 21
Source: Trading Central(Reference Only)

More Details of USD/SEK

USDSEK refers to the exchange rate between the US Dollar (USD) and the Swedish Krona (SEK). This currency pair is significant for investors and businesses engaged in trade between the United States and Sweden. The value of USDSEK is influenced by various factors, including economic indicators from both countries, interest rate policies, inflation rates, and broader geopolitical developments. Sweden's strong economy, characterized by a robust export sector and a stable financial system, makes USDSEK an important indicator for understanding economic trends in the Nordic region.

Can individuals invest in the USD/SEK exchange rate?

Yes, individuals can invest in the USD/SEK exchange rate through the foreign exchange market. This can be done by trading currency pairs through forex brokers, using contracts for difference (CFDs), or by purchasing currency futures and options. However, forex trading carries risks and is not suitable for all investors.

How is the USD/SEK exchange rate determined?

The USD/SEK exchange rate is determined by the foreign exchange market, which is a global decentralized market where currencies are traded. The rate is influenced by various factors, including economic indicators, interest rates, political stability, and market sentiment.

What role does Sweden's economy play in USDSEK fluctuations?

Sweden's economic performance, including key indicators like industrial production, export levels, and consumer confidence, can influence the value of the SEK. Strong economic data typically leads to a stronger SEK against the USD.

USD/SEK

9.473
-0.007-0.08%
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