Sweden Retail Sales YoY
A comparison of aggregated retail sales of goods and services during a given month to the same month the previous year is known as the year-over-year change in retail sales in Sweden.
A higher than expected figure should be seen as positive (bullish) for the SEK while a lower than expected figure should be seen as negative (bearish) for the SEK.
Forex Sentiment (SEK)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURSEK |
|
|
11.4868 +114 pips |
11.5055 -301 pips |
11.4754 | |
| USDSEK |
|
|
10.7852 -2634 pips |
11.0197 +289 pips |
11.0486 | |
| GBPSEK |
|
|
13.8420 +54 pips |
13.9286 -920 pips |
13.83664 | |
| SEKJPY |
|
|
0 -1428 pips |
13.7950 +48 pips |
14.279 | |
| NOKSEK |
|
|
0 -9774 pips |
1.0449 -675 pips |
0.9774 |
News (SEK)
Riksbank Signals End To Easing Cycle
Sweden's central bank lowered its policy rate for a fifth time this year, cutting it by 25 basis points in order to support the economy and signaled one last reduction in the first half of next year. The Executive Board of Riksbank, led by Governor Erik Thedéen, decided to cut the policy rate to 2.50 percent from 3.0 percent on Thursday. The outcome matched expectations.
RTTNews | 18 days ago
Sweden Cuts Key Rate Aggressively To Support Economy
Sweden's central bank lowered its benchmark rate aggressively in order to support economic activity, and hinted at more rate cuts soon. The Executive Board of Riksbank decided to slash the policy rate by 50 basis points to 2.75 percent. Markets had anticipated a quarter-point reduction. To further support economic activity, the policy rate needs to be reduced somewhat more than estimated.
RTTNews | 60 days ago
Sweden Central Bank Cuts Interest Rate; Signals More Easing
Sweden's central bank reduced its benchmark rate by a quarter point on Wednesday and hinted at two more cuts this year as policymakers focus more on economic activity. The executive board reduced the policy rate by 25 basis points to 3.25 percent. This was the third reduction this year. The bank said the policy rate may also be cut at the two remaining policy meetings this year.
RTTNews | 103 days ago
