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.


USDSEK Weekly Doji Trigger

USD/SEK made a doji last week at the top of its channel and just under the 2009 high.
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Analyst Picks

Jamie Saettele, CMT   

Sr. Technical Strategist

My Picks: Short USD/SEK
Expertise: Technical
Average Time Frame of Trades: Swing (at least several days)


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Forex Economic Calendar

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