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USDNOK Breaks Critical Support - USDSEK Retreats at Alarming Rate

USDNOK Breaks Critical Support - USDSEK Retreats at Alarming Rate

USDNOK and USDSEK are both experiencing retreats at an alarming rate, potentially opening the door to a short-term break in critical support areas.

2019-06-05
NOK, SEK Forecast: Volatility Eyed on ECB, EU News, US Jobs Data

NOK, SEK Forecast: Volatility Eyed on ECB, EU News, US Jobs Data

The Swedish Krona and Norwegian Krone will likely experience higher-than-usual volatility ahead of the ECB rate decision and critical European and US data.

2019-06-04
USD/SEK Looking to Test New Support? USD/NOK Eyeing Resistance

USD/SEK Looking to Test New Support? USD/NOK Eyeing Resistance

USD/SEK is approaching what may be a new support after spiking more than two percent last month, while USD/NOK is approaching resistance.

2019-05-08
Swedish Krona, Norwegian Krone Eye German Zew Survey, US Data

Swedish Krona, Norwegian Krone Eye German Zew Survey, US Data

The economic docket in Sweden and Norway remains light, but critical data out of the US and Europe may jolt Nordic currencies. Swedish Krona traders are eyeing the upcoming Riksbank rate decision.

2019-04-16
USD/SEK, USD/NOK Break Through Key Support - Whats Next?

USD/SEK, USD/NOK Break Through Key Support - Whats Next?

USD/SEK and USD/NOK broke through key support levels as US Dollar strength faded and short-term volatility is to be expected from central bank-related event risk this week.

2019-03-19
Brexit Vote May Cause Significant Volatility in SEK, NOK - Foggy Outlook

Brexit Vote May Cause Significant Volatility in SEK, NOK - Foggy Outlook

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

2019-03-12
USD/SEK, USD/NOK Climbing Toward Key Resistance Barriers

USD/SEK, USD/NOK Climbing Toward Key Resistance Barriers

The Swedish Krona and Norwegian Krone appear to be edging higher toward key resistance levels. If the price barriers are broken, it might re-reinforce bullish

2019-03-05
SEK Eyeing Consumer Confidence, GDP, Manufacturing PMI, EU Data

SEK Eyeing Consumer Confidence, GDP, Manufacturing PMI, EU Data

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.

2019-02-26
SEK Held Steady After FOMC, Floden Speech - Outlook on Riksbank

SEK Held Steady After FOMC, Floden Speech - Outlook on Riksbank

SEK held steady on Wednesday following key central bank events in the US and Sweden. Riksbank official Martin Flodens speech provided key insight on Swedish

2019-02-21
NOK, SEK Vulnerable as Europe Slows Down - FOMC Minutes in Focus

NOK, SEK Vulnerable as Europe Slows Down - FOMC Minutes in Focus

The Norwegian Krone and Swedish Krona may find it increasingly difficult to climb higher as the EU economy slows down, potentially dampening economic activity in

2019-02-18
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