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Sweden's OMXS30 index fell 1.62% to 3,258.36 on September 09, though the index still held a 2.05% gain for the week. The session decline came alongside broad weakness across European equity markets. Sweden's benchmark is exposed to global industrial and financial cycles, as large exporters and banks feature prominently in its composition.
Sep 09, 17:51 UTC Ruang Berita AlternativeMarkets.AI · Data: Financial Modeling PrepThe US dollar edged 0.89% lower against the Swedish krona to 9.53812 on September 3, trimming a 1.10% weekly advance for the dollar. The krona has faced pressure for much of the year amid slower growth in Sweden and a cautious Riksbank. The USD/SEK rate is often used as a gauge of risk appetite in Nordic and broader European financial markets.
Sep 03, 17:51 UTC Ruang Berita AlternativeMarkets.AI · Data: Financial Modeling PrepThe US dollar appreciated 1.01% against the Swedish krona on August 30 to 9.6022, with a weekly gain of 1.27%. The krona has remained soft in 2024 as the Riksbank, Sweden's central bank, moved to cut interest rates in response to slowing growth and easing inflation. A weaker krona makes Swedish exports more competitive abroad but raises the price of imported goods for consumers.
Aug 30, 17:51 UTC Ruang Berita AlternativeMarkets.AI · Data: Financial Modeling PrepThe US dollar rose 1.08% against the Swedish krona to 9.6092 on August 28, with a weekly gain of 0.59%. The move left the pair near recent highs for the period. The krona is often viewed as a proxy for risk appetite in Europe, tending to weaken when global growth concerns rise.
Aug 28, 17:51 UTC Ruang Berita AlternativeMarkets.AI · Data: Financial Modeling PrepThe US dollar rose 0.92% against the Swedish krona to 9.5336 on August 26, adding to a 0.45% gain over the prior week. The krona has been under modest pressure against the dollar across the weekly period. Sweden is a small, open economy heavily reliant on exports, so a weaker krona can boost the competitiveness of Swedish goods abroad while increasing import costs at home.
Aug 26, 17:51 UTC Ruang Berita AlternativeMarkets.AI · Data: Financial Modeling PrepThe US dollar rose 0.70% against the Swedish krona to 9.57153 on August 12, adding to a 0.62% weekly gain. The krona has faced broad softness against the dollar in the current environment of divergent central bank expectations. The Swedish krona is sensitive to global risk sentiment and Riksbank policy signals, making its moves a useful gauge of confidence in Nordic economies.
Aug 12, 17:51 UTC Ruang Berita AlternativeMarkets.AI · Data: Financial Modeling Prep