Sweden Imports
A higher than expected figure should be seen as positive (bullish) for the SEK while a lower than expected figure should be seen as negative (bearish) for the SEK.
Forex Sentiment (SEK)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURSEK |
|
|
11.5173 -2069 pips |
11.6248 +994 pips |
11.7242 | |
| USDSEK |
|
|
10.5975 -3162 pips |
10.9064 +73 pips |
10.9137 | |
| GBPSEK |
|
|
13.2590 -3586 pips |
13.7155 -979 pips |
13.61762 | |
| SEKJPY |
|
|
0 -1421 pips |
14.3210 -11 pips |
14.214 | |
| NOKSEK |
|
|
0.9899 -72 pips |
1.0386 -415 pips |
0.9971 |
News (SEK)
Sweden Central Bank Hints At Two More Rate Cuts This Year
Sweden's central bank lowered its policy rate for the first time in eight years and signaled another two more rate reductions during the second half of the year as inflation approaches the target of around 2 percent amid the weak economic activity. The executive board of the Riksbank, led by Governor Erik Thedeen, decided to lower the policy rate by 25 basis points to 3.75 percent.
RTTNews | 4h 19min ago
Sweden Central Bank Likely To Start Cutting Rates In May
Sweden's central bank indicated that it will cut the interest rate in May or June as the economy is expected to remain mired in recession, provided the inflation prospects remain favorable. The Executive Board of Riksbank decided to hold the policy rate at 4.00 percent on Wednesday, as expected. It is likely that the policy rate can be cut in May or June if inflation prospects remain favorable.
RTTNews | 42 days ago
Riksbank Says Rate Cut Possibility In H1 Cannot Be Ruled Out
Sweden's central bank on Thursday left its key interest rate unchanged for a second straight session, as expected, and suggested that a rate cut would be possible in the first half of the year. The Executive Board of the Sveriges Riksbank, led by Governor Erik Thedeen, left the key policy rate steady at 4.00 percent.
RTTNews | 97 days ago
