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Swedish Krona Rallies As Riksbank Leaves Rates Unchanged at 0%

The Swedish krona rallied against many of its major currency counterparts on Tuesday after the central bank left interest rates unchanged and maintained stimulus measures to reverse its worst economic slump since the Second World War. But policymakers assured markets that they would act if the financial crisis intensifies and additional monetary easing is needed to mitigate a severe downturn.

Swedish Krona Mixed After Rallying on Interest Rate Hike

The Swedish krona fell a little against the strong currencies like the US dollar and the Great Britain pound but jumped versus the vulnerable euro today. Yesterday, the currency rallied thanks to the much-anticipated interest rate hike from Sweden’s central bank.

Swedish Krona Rallies After Inflation Beats Expectations

The Swedish krona rallied against its major rivals today. That included the Great Britain pound, but the sterling has managed to rebound by now thanks to the positive Brexit headlines. The main reason for the krona’s rally was better-than-expected inflation data.

Swedish Krona Drops After Disappointing Retail Sales Report

The Swedish krona dropped today after the release of an extremely disappointing retail sales report.

Swedish Krona Weak After Jump of Unemployment Rate, Riksbank Monetary Policy Minutes

The Swedish krona was extremely vulnerable today after the unemployment rate jumped to the highest level in four years and the central bank signaled that it will likely delay the planned interest rate hikes.

Swedish Krona Rises After Riksbank Maintains Interest Rates

The Swedish krona rallied today after Sweden’s central bank left its benchmark repo rate unchanged but continued to anticipate a rate hike in the future.

Swedish Krona Strong After Riksbank Leaves Rates Unchanged

The Swedish krona gained today after the nation’s central bank decided to keep interest rates unchanged and signaled about possibility of a hike in the future.

Swedish Krona Rises for First Day in Five After Economic Data

The Swedish krona rose today after falling for four days in a row. Decent domestic macroeconomic data helped the currency.

Swedish Krona Tumbles After Central Bank Delays Rate Hike

The Swedish krona tanked against other currencies today after Sweden’s central bank signaled that the planned interest rate hike will happen later than it was previously expected.

Swedish Krona Drops After Riksbank Pushes Back Rate Hike Date

The Swedish krona dropped today after Sweden’s central bank kept its benchmark repo rate unchanged and pushed back the planned rate hike to a later date.

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