Swedish Crown slumps to two-year low

Note: This section contains information in English only.
Source: Dukascopy Bank SA

During Tuesday's trading session, the Swedish Crown depreciated against the US Dollar by 1601 pips or 1.73% to a two year low at 9.4215. The reason for the drop was Sweden's central bank's official report on the inflation slowing down in January.

However, during the last week, the Swedish Crown experienced a rise against other currencies after Sweden's central bank said it would stick to its plan to raise rates in the second half of 2019.

Back to articles

Actual Topics

Wed, 27 Mar 2019 16:22:21 GMT

New Zealand Dollar Drops on Monetary Policy Easing

During Wednesday's trading session, from 1:00 until 2:00 GMT, the New Zealand Dollar depreciated against the Greenback by 1.81% It was a 108 pip move on the currency exchange rate.

Wed, 06 Feb 2019 11:54:22 GMT

AUD Drops on Monetary Easing Announcement

Since Wednesday's midnight hours, the Australian dollar dropped by 1.70%, which was the most significant daily drop in a year. The reason for the fall was due to the announcement from the Reserve Bank of Australia Governor Philip Lowe during an interview the Governor revealed a possible cash rate cut that might be done in the near future.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.