Advertisement
Swedish Krona Rises To More Than 5-month High Against U.S. Dollar
(RTTNews) - The Swedish krona strengthened against the U.S. dollar in the European session on Tuesday.
In economic news, Sweden's central bank lowered its key policy rate by a quarter-point as inflation continued to ease amid weakening growth prospects and signaled as much as three more interest reductions this year.
The Executive Board of Riksbank decided to cut the policy rate by 25 basis points to 3.50 percent. The outcome of the meeting matched expectations.
Against the U.S. dollar, the krona rose to more than a 5-month high of 10.2674 from an early low of 10.3321. At yesterday's close, the krona was trading at 10.2973 against the greenback.
If the krona extends its uptrend, it is likely to find resistance around the 10.16 region.
read more
Swedish Krona Falls Against U.S. Dollar After Riksbank Decision
The Swedish krona dropped against the U.S. dollar in the European session on Thursday, as Sweden's central bank left its key interest rate unchanged but indicated that the policy rate could be lowered sooner than indicated, if inflation continues to fall.
RTTNews
|
Pred 576 dňami
Swedish Krona At 5-day Low Against U.S. Dollar After Riksbank Decision
The Swedish Krona weakened against the U.S. dollar in the early European session on Wednesday, as the Riksbank raised its benchmark rate by half-percentage point and signalled the possibility of a smaller rate hike going forward.
RTTNews
|
Pred 857 dňami
Swedish Krona At 6-day High Against U.S. Dollar After Riksbank Decision
The Swedish krona climbed against the U.S. dollar in the European session on Thursday, as Sweden central bank lifted its key interest rate by 50 basis points and signaled additional hike during the spring.
RTTNews
|
Pred 933 dňami
U.S. Dollar Falls Against Most Majors
The U.S. dollar weakened against its most major counterparts in the New York session on Friday.
RTTNews
|
Pred 1 dňom
German Inflation Accelerates To 2.2% In August
Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews
|
Pred 1 dňom
Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings
Despite weak GDP data, the Canadian market is up firmly in positive territory Friday afternoon with stocks from materials and healthcare sectors contributing significantly to the gains.
RTTNews
|
Pred 1 dňom
Swiss Market Ends Modestly Lower
Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews
|
Pred 1 dňom
European Stocks Close Lower On Geopolitical Tensions
European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews
|
Pred 1 dňom
