Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.024
Neutral
RSI(14)
51.593
Neutral
STOCH(KDJ)(9,3,3)
58.610
Sell
ATR(14)
0.077
High Vlolatility
CCI(14)
43.870
Neutral
Williams %R
38.634
Buy
TRIX(12,20)
-0.006
Sell
StochRSI(14)
31.040
Sell
Search
USD/SEK
Add to Watchlist
9.564
+0.025+0.27%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.27%
5 Days
-0.42%
1 Month
+0.53%
6 Months
+4.30%
Year to Date
+3.89%
1 Year
+1.13%
Key Data Points
Opening Price
9.546Previous Closing Price
9.538Swedish Krona: Inflation risks may prompt tougher Riksbank stance - BNY
BNY’s Geoff Yu says rising Swedish import prices and continued weakness in the krona are adding to inflation risks. He expects the Riksbank to adopt firmer language on SEK valuations and sees scope for the market to bring forward expectations for the next rate hike.
FxstreetThu, Aug 27
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
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
9.579
Sell
MA10
9.547
Buy
MA20
9.525
Buy
MA50
9.591
Sell
MA100
9.476
Buy
MA200
9.336
Buy
USD/SEK Trading Strategy
Intraday
Short Term
Trading Strategy
Rebound towards 9.5878
Alternative scenario
below 9.5038, expect 9.4744 and 9.4570.
Comment
Rebound towards 9.5878
Fri, Sep 4
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.
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