The Swedish Krona and Norwegian Krone will likely experience unusually high volatility with Swedish GDP, the FOMC rate decision and other high-event risk in the week ahead.
The Swedish Krona and Norwegian Krone suffered after PMI disappointed. NOK and SEK now eye upcoming US NFPs and unemployment rate data.
The Swedish Krona and Norwegian Krone may find themselves under pressure as key growth data out of the US and EU cross the wires.
The Swedish Krona and Norwegian Krone will be in a for a potentially tumultuous week as the US and EU prepare to publish several key economic indicators along with the FOMC rate decision.
The Swedish Krona and Norwegian Krone will be keeping a close eye on US housing data and German IFO confidence indicators – SEK anxiously waiting for Riksbank rate decision.
The outlook for Sweden‘s economy and the Riksbank’s monetary policy suggests that USD/SEK will continue to trend higher as 2019 unfolds.
The Swedish Krona may fall on January 28 as Sweden prepares to release its Trade Balance. Slower growth in the European region may continue to