The Norwegian Krone will likely experience higher-than-usual volatility alongside crude oil prices ahead of rate decisions by the Norges Bank and Fed.
USDNOK and USDSEK are both experiencing retreats at an alarming rate, potentially opening the door to a short-term break in critical support areas.
The Swedish Krona may fall on GDP data and the Euro may struggle to rise if the ECB shows an increasing risk of a Eurozone financial crisis as key economic data is released.
USDNOK is a whisper away from a possible break below a 14-month support. The question remains whether the pair have enough resolve to bounce back or will it wilt?
Swedish Krona traders are biting their nails as the Riksbank prepares to announce its rate decision and outlook on policy.
USD/SEK and USD/NOK retreated and re-entered familiar trading ranges after reaching multi-year highs. The technical outlook may be complicated by volatility from the upcoming Brexit
The Swedish Krona will be on the lookout for key domestic economic indicators during a week of high event risk in Europe and the US.