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'). The pair is sensitive to relative monetary policy expectations for the Federal Reserve vs. the Riksbank, Sweden's central bank. The Dollar has also acted as a safe-haven asset at times of market stress, meaning the USD/SEK exchange rate can be sensitive to swings in broad-based investor sentiment trends. Sweden is also a prolific exporter to the UK and the Eurozone, meaning developments in those economies can at times influence SEK price action.
The Australian Dollar and New Zealand Dollar tend to rise with stocks. They have recently fallen despite gains in the #SP500. What does this mean for $AUDUSD and $NZDUSD ahead? #AUD #NZD #RBA #RBNZ - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/01/17/AUDUSD-NZDUSD-Outlook-Looks-Past-Stocks-to-Rate-Cut-Bets.html?CHID=9&QPID=917702 https://t.co/ddf2fV7Kyl
IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 98.00%, while traders in France 40 are at opposite extremes with 79.59%.
See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/UL7hqSD2Ki
US Dollar Forecast: $USD Lacking Impetus Ahead of Consumer Sentiment
#Forex traders shift focus away from US-China trade deal headlines - perhaps toward the monthly release of #ConsumerSentiment data for volatility and clues on the Greenback's next move
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