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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%.

Swedish Krona Stable After Drop on Riksbank Statement

The Swedish krona was stable during the early Wednesday’s session after falling during the Tuesday’s session. The drop was caused by somewhat dovish policy statement from Sweden’s central bank.

Swedish Krona Climbs as Analysts Don’t Expect Additional Stimulus

The Swedish krona climbed against the US dollar and the euro after the Sweden’s central bank policy meeting even though the bank kept interest rates negative and extended the asset purchase program by six months.

Swedish Krona Sinks as Riksbank Signals About Possible Easing

The Swedish krona fell today after the nation’s central bank signaled that it is ready to cut interest rates deeper into the negative territory and expand its quantitative easing program.

Riksbank Cuts Rates, Krona Mixed at Start of Friday’s Trading

The Swedish krona sank yesterday following the bigger-than-expected interest rate cut from the central bank of Sweden. Today, the currency continued to move lower versus the US dollar but rose a bit against the euro.

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