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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.

Icelandic Krona Crashes As Wow Air Bankruptcy Triggers Recession

The Icelandic krona is continuing its slide against a basket of currencies midweek as the bankruptcy of a budget airline has triggered a recession, prompting the central bank to spring into action. The latest financial crisis comes roughly a decade since the island nation was on the brink of insolvency following the collapse of several major banks that contributed to the global catastrophe.

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.

USD/SEK Edges Higher Ahead of This Week’s Riksbank Meeting

The Swedish krona fell against the US dollar a bit today ahead of this week’s monetary policy meeting of Sweden’s central bank.

USD/SEK Falls Despite Swedish CPI Miss

Sweden’s consumer inflation missed market expectations, but that did not prevent the Swedish krona from gaining on the US dollar. The possible reason for that was the fact that US underline inflation also failed to meet expectations.

Krona Gains as Sweden’s Economic Growth Beats Expectations

The Swedish krona gained today after data showed that the nation’s economy expanded last quarter two times the forecast amount.

Swedish Krona Plunges After Inflation Slows Unexpectedly

The Swedish krona tanked today after nation’s inflation slowed unexpectedly last month, threatening the central bank’s plans to raise interest rates.

USD/SEK Rises Despite Prospects of Higher Interest Rates in Sweden

The Swedish krona behaved today similarly to yesterday, gaining on the US dollar intraday but falling afterwards. Yesterday, Sweden’s central bank left interest rates unchanged but signaled about prospects of a hike in the second half of this year.

Swedish Krona Climbs After Riksbank Raises Interest Rates

The Swedish krona jumped today after the nation’s central bank decided to reduce monetary easing, raising its benchmark repo rate.

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