Although Sweden is in the Euro-Zone and is required to adopt the Euro currency due to a 1995 accession treaty, a formal loophole has allowed the nation to maintain its 230 year old krona (crown). The EURappreciated strongly during the financial crisis, but the Swedish krona has benefited from the current Euro-Zone crisis as market participants are wary of the single bloc currency's future. The pair will continue to remain somewhat volatile as the Euro-Zone faces a myriad of issues.
IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.71%, while traders in Wall Street are at opposite extremes with 75.59%.
See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/0rZ8anYrWW
Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule:
View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ueTnNYQdMV
IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.70%, while traders in Wall Street are at opposite extremes with 75.78%.
See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/dCUxr4X5Bi
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
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