EUR/SEK (EURSEK=X)

 

usd/sek This is the forex quote for the U.S. Dollar against the Swedish Krona. In this quote, the value of one USD (the 'base currency') is quoted in terms of SEK (the 'counter currency').

Att betala kontant med landets egna valuta är en större trygghet än att betala med betalkort. The pair will continue to remain somewhat volatile as the Euro-Zone faces a myriad of issues. Eurozone instability may offer a chance here and there though, together with Swedish economic performance. Thus, the value of the two currencies tends to move in a correlated fashion, meaning that trading opportunities are few and far between.

Related analysis EUR/SEK

The EUR/SEK pair is not a major, nor is it a commodity pair. The EUR is obviously a major, while the Swedish Krona is not. The two currencies are closely correlated on account of the strong trade ties between Sweden and the Eurozone.

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