Market News / Commentaries and links
The Swedish export companies are having a sweaty period as the Swedish krona continues to strengthen against the euro and the dollar such that it is estimated that 75 000 jobs in Sweden could be affected
The Swedish krona took a big jump on Monday as the Swedish GDP growth turns out to be significantly better than expected.
The Danish Krona continues to fall signifying the economy still struggling to gain a head wind. A Danish Krone currently costs aboutSkr1.13. This is the lowest price the currency has fetched against its Swedish counter part since the Öresund Bridge opened in the 2000s.
The Euro fell to the Swedish Krona on Wednesday giving the Swedish currency one of it biggest gains over the Euro single currency since the 2000
The krona is very strong and trading against the euro, the currency recorded its highest number since 2000. This has been blamed on the Swedish central bank, the Riksbank's relatively tight monetary policy, a decent development on the stock market and higher interest rate differences between Sweden and the euro area.
European vacating Swedes can thank Stefan Ingves for a record-cheap Euro as oppose to the Swedish krona. The exchange rate has not been low in 11 years but it remains to see how this affects Swedish tourist industry.
Hennes & Mauritz is considering to start making purchases of yuan to prevent the effects of a further strengthening of the dollar heaping pressure on its cost.
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Swedish manufacturing jobs threaten by constricted euro economic growth and strengthening Krona over the Euro and dollar
Wednesday, 15 August 2012The Swedish export companies are having a sweaty period as the Swedish krona continues to strengthen against the euro and the dollar such that it is estimated that 75 000 jobs in Sweden could be affected
Swedish GDP Figures pushed the Krona to a new strength
Monday, 30 July 2012The Swedish krona took a big jump on Monday as the Swedish GDP growth turns out to be significantly better than expected.
Continuous fall of the Danish kroner - GOOD OR BAD?
Thursday, 26 July 2012The Danish Krona continues to fall signifying the economy still struggling to gain a head wind. A Danish Krone currently costs aboutSkr1.13. This is the lowest price the currency has fetched against its Swedish counter part since the Öresund Bridge opened in the 2000s.
Swedish krona made gains against the euro - its strongest since the 2000
Thursday, 19 July 2012The Euro fell to the Swedish Krona on Wednesday giving the Swedish currency one of it biggest gains over the Euro single currency since the 2000
That the Swedish Krona is over valued
Thursday, 12 July 2012The krona is very strong and trading against the euro, the currency recorded its highest number since 2000. This has been blamed on the Swedish central bank, the Riksbank's relatively tight monetary policy, a decent development on the stock market and higher interest rate differences between Sweden and the euro area.
Currency: The strong Swedish Krona and weaker Euro puts Swedes in best and cheap Euro holiday places but...
Thursday, 05 July 2012European vacating Swedes can thank Stefan Ingves for a record-cheap Euro as oppose to the Swedish krona. The exchange rate has not been low in 11 years but it remains to see how this affects Swedish tourist industry.
H & M is considering exchanging operations currency
Thursday, 21 June 2012Hennes & Mauritz is considering to start making purchases of yuan to prevent the effects of a further strengthening of the dollar heaping pressure on its cost.