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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.

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.

Krona Rallies As Swedish GDP Beats Expectations

The Swedish krona rose sharply today after Sweden’s economic growth surprised the market, beating expectations.

Krona Drops as Sweden’s Central Bank Postpones Rate Hike

The Swedish krona fell today, touching the lowest level since June against the US dollar, as the nation’s central bank postponed the planned date of an interest rate hike from the third quarter of this year to the fourth quarter.

Swedish Krona Gains as Inflation Remains Stable

The Swedish krona rose today after the report that showed inflation remained stable in Sweden last month.

Krona Gains as Riksbank Signals About Gradual Reduction of Stimulus

The Swedish krona rose today after the nation’s central bank kept its monetary policy unchanged but signaled that it is going to start gradually reduce stimulus in the future.

Swedish Krona Falls as Riksbank Doesn’t Plan Raising Interest Rates

The Swedish krona fell today as the nation’s central bank showed no signs of planning to raise interest rates in the near future. That is despite strong economic growth that pushed inflation close to the bank’s target of 2%.

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