Hawkish BoE a Transitory Development as Brexit Negotiations Set to Begin. Searching for Scarce Direction Cues. EURUSD - Bullish Case Has Weakened, but Support Still Holding. Silver Price — Failed Rallies Shift Focus Lower, Gold Below Support.
DAX — Promising Pattern Continues to Build After False Breaks. Although Sweden is in the Euro-Zone and is required to adopt the Euro currency due to a accession treaty, a formal loophole has allowed the nation to maintain its year old krona crown.
The EUR appreciated strongly during the financial crisis, but the Swedish krona has benefited from the current Euro-Zone crisis as market participants are wary of the single bloc currency's future. The pair will continue to forexpros somewhat volatile as the Euro-Zone faces a myriad of issues. Swedish Krona Dips As Riksbank Shifts Policy Stance. Krona Drops Post-Riksbank, But Looks Set to Maintain Strength.
Swedish Krona Rises as Inflation Print Lifts Hopes of Riksbank Policy Shift. But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk. Market News Headlines getFormatDate 'Sat Jun 17 Searching for Scarce Direction Cues getFormatDate 'Sat Jun 17 Technical Analysis Headlines getFormatDate 'Sat Jun 17 Education Beginner Intermediate Advanced Expert Free Trading Guides.
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