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Research Results

Results for 'SEK'

2 articles with this tag name

USDSEK rises as deflation resurfaces in Sweden

Aktualisiert  Nov 12, 2013 2:30:00 PM

The Swedish krona is underperforming today in the G10 space after data released this morning showed that consumer prices in Sweden declined for the first time since June. CPI unexpectedly fell by -0.1% y/y in October (cons. +0.2%, prior +0.1%) and -0.2% m/m (cons. +0.1%, prior +0.4%). This weighed on the krona, which sent USDSEK to its highest level in 2-months. The pair is currently testing near the 61.8% Fibonacci retracement (of the decline  [...] Weiter lesen...


Fundamental Breakdown: USD saw a mixed performance in October

Aktualisiert  Oct 31, 2013 5:30:00 PM

•  USD strengthened over the last few days as FOMC proved to be less dovish – December QE taper not completely ruled out  
•  AUD rallied as the RBA decided to keep rates at 2.50%
•  PLN advanced as the National Bank of Poland kept rates at 2.50% – Forecasted rates to remain unchanged through 2013
•  NOK outperformed as the Norges bank maintained rates at 1.50% – Market was skewed for a  [...] Weiter lesen...

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