News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • When markets are falling, how can you short sell? Learn more here:
  • The US Dollar is on the defensive against most ASEAN currencies, with key breakouts in USD/SGD and USD/IDR. USD/THB upside momentum is fading as USD/PHP consolidates. Get your market updates from @ddubrovskyFX here:
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: -0.22% Silver: -0.74% Oil - US Crude: -0.79% View the performance of all markets via
  • Earnings are starting to lose their default bullish charge after the falter from Facebook and unimpressive afterhours Google response. Still AMZN and AAPL ahead Thursday, but for now focusing on $USDCAD with BOC:
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.31% 🇯🇵JPY: 0.04% 🇬🇧GBP: 0.04% 🇨🇭CHF: 0.01% 🇨🇦CAD: -0.02% 🇳🇿NZD: -0.07% View the performance of all markets via
  • Possible way to finance the Biden's Build Back Better agenda
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.25%, while traders in Wall Street are at opposite extremes with 76.29%. See the summary chart below and full details and charts on DailyFX:
  • The US Dollar might be stabilizing against ASEAN currencies as inflationary woes resurface ahead of GDP and PCE data. Amazon, Apple and Facebook earnings may also drive sentiment ahead. Get your market update from @ddubrovskyFX here:
  • 🇨🇳 Industrial Profits (YTD) YoY (SEP) Actual: 44.7% Previous: 49.5%
  • Heads Up:🇨🇳 Industrial Profits (YTD) YoY (SEP) due at 01:30 GMT (15min) Previous: 49.5%
Swedish Krona Eyeing US, Sweden Economic Data and Brexit Vote

Swedish Krona Eyeing US, Sweden Economic Data and Brexit Vote

Dimitri Zabelin, Analyst


  • Swedish Krona watching unemployment rate
  • UK will vote on extension of Brexit deadline
  • USD/SEK also watching US economic data

See our free guide to learn how to use economic news in your trading strategy!

USD/SEK may be at risk from all sides as the US prepares to unveil new home sales, Krona traders wait for Sweden’s unemployment rate data, and the UK votes on extending the March 29 Brexit deadline. While unemployment in Sweden has been declining and recently reached its lowest point since July 2018, the economy continues to underperform relative to economists’ expectations. Meanwhile, the OMX has climbed.

Chart Showing Sweden Economy

In February, Sweden’s CPIF came in 1.9 percent, falling short of the median analyst estimate at 2.0 and far below the central bank’s forecast of 2.4. The Riksbank stated at its last two policy meetings that it intends on raising rates once this year. However, concern over rising household indebtedness and external risks make it increasingly difficult for policymakers to justify raising rates at a time when the economy is so vulnerable.

In the US, new home sales are scheduled to be released which may move the Greenback before markets get jittery leading up to the Brexit vote. The House of Commons will decide on whether they want to extend the March 29 deadline in order to secure a plan that can appeal to the majority of lawmakers. The outcome could ripple out into global financial markets and shift investor’s priorities from chasing yields to preserving capital.

If the outcome elicits a strong haven-demand, the cycle-sensitive Krona will likely fall as traders flock to the anti-risk US Dollar. Because there are so many factors that may influence the pair and push it any given direction, it is difficult to gauge the exact magnitude each element will have on USD/SEK. Leading up to each respective event, liquidity may be thin as traders wait to see the result before executing their trades.

Click here to see my weekly Nordic technical forecast!


--- Written by Dimitri Zabelin, Jr Currency Analyst for

To contact Dimitri, use the comments section below or @ZabelinDimitrion Twitter

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.