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Research Results

Results for 'SEK'

3 articles with this tag name

NY Session: USD consolidates lower

Aktualisiert  Mar 14, 2013 4:15:00 PM


The USD consolidated lower against most of the G10 currencies, but is stronger against the SEK and NOK. Sweden’s unemployment surprisingly ticked higher to 8.5% from 8.4% and the SEK is softer as a result of the disappointing data. Both the Swiss National Bank (SNB) and Norges Bank kept their respective benchmark rates on hold at policy meetings today. The SNB reiterated that the franc cap is the “right monetary policy for now” and that  [...] Weiter lesen...

Tags: CAD, EUR, GBP, NOK, NY Session, SEK, USD

NY Session: SEK gains, GBP tumbles

Aktualisiert  Feb 13, 2013 4:25:00 PM


The USD is largely flat in the G10 space except against the SEK and GBP. The SEK is outperforming after the Riksbank kept rates on hold and refrained from talking down the exchange rate. The GBP is underperforming after the Bank of England released its quarterly inflation report which suggested that further easing will help support the recovery.   In the US, headline retail sales in January were as expected with growth slowing to 0.1% from  [...] Weiter lesen...

Tags: BoJ, JPY, NY Session, SEK, USD

London Session: Sentiment improves as cliff talks progress

Aktualisiert  Dec 18, 2012 10:00:00 AM


Market sentiment continued to improve as US budget talks progressed. President Obama made a counter offer suggesting tax rate increases on incomes over $400k. He had initially proposed tax hikes for households over $250k and Boehner recently put forward accepting tax increases on incomes over $1m. While republicans may be softening their stance on tax increases, democrats appear to be considering concessions on entitlements. We expect negotiations to come down to the wire as the  [...] Weiter lesen...

Tags: EUR, Fiscal Cliff, GBP, London session, SEK

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