EURSEK chart

EURSEK chart by TradingView

EUR/SEK

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 EUR appreciated 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.


News


Swedish Krona Dips As Riksbank Shifts Policy Stance 

The Swedish Krona dropped in early Thursday trade after the country’s central bank, the Riksbank, unexpectedly shifted its policy stance at its April meeting.
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Krona Drops Post-Riksbank, But Looks Set to Maintain Strength


Swedish Krona Rises as Inflation Print Lifts Hopes of Riksbank Policy Shift


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