Forex: USD/SEK (US Dollar vs Swedish Krona)

Looking at this particular pairing of the US dollar and the Swedish krona, you may at first wonder if this is a common pairing. As with any other pairing, there are commonalities to the USD/SEK pairing. However the krona has a higher rating at 8.2556 per 1 US dollar as of current date of this article. Sweden has a very prosperous economy compared to the US and a higher rate of return on its money. In this case, as of present date, the krona would be the stronger of the two currencies while the dollar would be the weaker of the two.
When looking at the USD/SEK pairing, the dollar is in the base and the krona is in the counter. You would have a better rate of exchange with the krona being the stronger of the two however this will also bring you a good rate of exchange. You would buy both at the dollar rate and sell at the krona rate which may yield you a big dividend if the conditions are right. So how do you know when to buy and sell this particular pairing? You will need to look for certain indicators as predicted by market analysis.
Once those conditions are right, you can sell the USD/SEK for a profit depending upon the market. The rate of return will highly depend upon the market circumstances for Sweden and the US. Bear in mind this is not a traditional cross currency pair. A traditional cross currency pair will not have the US dollar in it.

Forex: archive of forecasts USD/SEK

Currency pair D1 H4 Res. Sup. Date
USD/SEK R↓ B↓ 6.719 6.779 6.6245 6.591 8/2/2012 2:47
USD/SEK G↑ R↑ 6.759 6.797 6.6865 6.652 7/2/2012 2:46
USD/SEK R↓ R↓ 6.73 6.7785 6.653 6.6245 6/2/2012 2:51
USD/SEK R↓ R↓ 6.7695 6.7985 6.7085 6.6765 3/2/2012 2:45
USD/SEK R↓ B↓ 6.817 6.901 6.678 6.623 2/2/2012 2:44
USD/SEK G↑ B↑ 6.8415 6.8845 6.736 6.674 1/2/2012 2:47
USD/SEK R↓ B↓ 6.784 6.828 6.717 6.6935 31/1/2012 2:45
USD/SEK R↓ G↑ 6.785 6.823 6.724 6.701 30/1/2012 2:46
USD/SEK R↓ B↑ 6.8105 6.837 6.737 6.69 27/1/2012 2:49
USD/SEK B↓ B↓ 6.8085 6.8765 6.7035 6.6665 26/1/2012 2:46
USD/SEK B↓ G↓ 6.7905 6.8265 6.724 6.693 25/1/2012 2:53
USD/SEK B↓ G↑ 6.798 6.8505 6.707 6.6695 24/1/2012 2:45
USD/SEK B↓ B↑ 6.82 6.8535 6.7445 6.702 23/1/2012 2:45
USD/SEK B↓ R↓ 6.82 6.8915 6.711 6.6745 20/1/2012 3:24
USD/SEK G↓ B↓ 6.981 7.0355 6.8835 6.8405 18/1/2012 2:46
USD/SEK R↑ B↓ 7.0195 7.0565 6.956 6.929 17/1/2012 2:37
USD/SEK B↑ B↑ 7.0565 7.115 6.9185 6.8395 16/1/2012 2:37
USD/SEK R↑ R↑ 6.964 6.998 6.899 6.8675 13/1/2012 2:49
USD/SEK R↑ B↑ 6.9675 6.998 6.897 6.856 12/1/2012 2:38
USD/SEK G↓ G↑ 6.9225 6.9495 6.868 6.8415 11/1/2012 2:36
USD/SEK G↓ B↓ 6.9465 6.997 6.868 6.84 10/1/2012 2:39
USD/SEK G↑ G↓ 6.96 6.9835 6.9055 6.874 9/1/2012 6:32
USD/SEK G↑ R↑ 6.9295 6.9665 6.872 6.852 30/12/2011 2:55
USD/SEK R↑ B↑ 6.9445 6.9815 6.854 6.7995 29/12/2011 2:53
USD/SEK G↓ B↓ 6.885 6.92 6.8215 6.7925 28/12/2011 3:39
USD/SEK R↑ R↓ 6.8975 6.915 6.8645 6.849 27/12/2011 2:45
USD/SEK R↑ R↑ 6.909 6.932 6.847 6.8085 26/12/2011 2:45
USD/SEK G↓ G↓ 6.908 6.945 6.839 6.807 23/12/2011 5:07
USD/SEK R↑ B↑ 6.9385 6.986 6.813 6.735 22/12/2011 6:06
USD/SEK R↑ R↓ 6.925 6.9865 6.8105 6.7575 21/12/2011 3:05
USD/SEK B↑ G↑ 6.9635 6.999 6.8845 6.841 20/12/2011 2:48
USD/SEK B↑ R↓ 6.9765 7.023 6.888 6.846 19/12/2011 2:35
USD/SEK B↑ B↓ 7.0155 7.055 6.94 6.9045 16/12/2011 2:39
USD/SEK B↑ R↑ 7.025 7.0555 6.963 6.9315 15/12/2011 2:38
USD/SEK B↑ B↑ 7.0385 7.0965 6.88 6.779 14/12/2011 2:36
USD/SEK G↑ B↑ 6.9315 6.991 6.77 6.668 13/12/2011 2:38
USD/SEK B↓ R↓ 6.797 6.86 6.695 6.656 12/12/2011 2:38
USD/SEK B↓ B↑ 6.84 6.8875 6.7175 6.643 9/12/2011 2:45
USD/SEK B↓ B↓ 6.7515 6.79 6.6825 6.6515 8/12/2011 2:41
USD/SEK B↓ B↓ 6.779 6.822 6.711 6.685 7/12/2011 2:46
USD/SEK B↓ B↑ 6.7885 6.8175 6.716 6.6725 6/12/2011 2:38
USD/SEK B↓ G↑ 6.7895 6.83 6.7015 6.654 5/12/2011 2:38
USD/SEK B↓ R↓ 6.803 6.837 6.734 6.699 2/12/2011 2:47
USD/SEK B↓ B↓ 6.891 7.0195 6.6855 6.6085 1/12/2011 2:47
USD/SEK G↓ B↓ 6.9655 7.041 6.8365 6.783 30/11/2011 2:37
USD/SEK R↑ R↓ 7.0095 7.0515 6.909 6.8505 29/11/2011 2:47
USD/SEK R↑ G↓ 7.0455 7.077 6.956 6.898 28/11/2011 2:44
USD/SEK R↑ R↑ 6.978 7.0165 6.886 6.832 25/11/2011 2:46
USD/SEK R↑ B↑ 6.9665 7.0125 6.8405 6.7605 24/11/2011 2:46
USD/SEK R↑ B↑ 6.8505 6.877 6.7855 6.747 23/11/2011 2:44
USD/SEK R↑ B↑ 6.856 6.8955 6.767 6.718 22/11/2011 2:46
USD/SEK R↑ R↓ 6.8305 6.875 6.732 6.6775 21/11/2011 2:39
USD/SEK B↑ G↓ 6.842 6.871 6.775 6.737 18/11/2011 2:42
USD/SEK B↑ R↑ 6.844 6.8765 6.751 6.691 17/11/2011 2:41
USD/SEK B↑ B↑ 6.778 6.8195 6.687 6.638 16/11/2011 2:42
USD/SEK R↑ B↑ 6.7395 6.798 6.602 6.5225 15/11/2011 2:36
USD/SEK R↑ B↓ 6.678 6.744 6.5665 6.521 14/11/2011 2:38
USD/SEK B↑ G↓ 6.732 6.781 6.636 6.589 11/11/2011 4:34
USD/SEK B↑ B↑ 6.757 6.8255 6.5705 6.4525 10/11/2011 2:44
USD/SEK R↑ R↓ 6.573 6.6175 6.5025 6.477 9/11/2011 2:38
USD/SEK B↑ B↓ 6.618 6.6775 6.524 6.489 8/11/2011 2:40
USD/SEK B↑ R↓ 6.6295 6.6745 6.5475 6.51 7/11/2011 2:38
USD/SEK B↑ B↓ 6.649 6.7245 6.5175 6.462 4/11/2011 6:41
USD/SEK B↑ R↑ 6.648 6.687 6.5645 6.5195 3/11/2011 2:44
USD/SEK B↑ R↑ 6.6845 6.756 6.52 6.4265 2/11/2011 2:41
USD/SEK G↑ B↑ 6.565 6.625 6.3995 6.2945 1/11/2011 2:46
USD/SEK R↓ B↑ 6.394 6.4105 6.349 6.3205 31/10/2011 2:48
USD/SEK B↓ B↓ 6.4825 6.626 6.252 6.165 28/10/2011 2:50
USD/SEK R↓ B↓ 6.575 6.625 6.489 6.453 27/10/2011 2:48
USD/SEK R↓ G↑ 6.587 6.6135 6.5295 6.4985 26/10/2011 2:48
USD/SEK R↓ R↓ 6.5825 6.6245 6.5095 6.479 25/10/2011 2:39
USD/SEK R↓ B↓ 6.6225 6.6795 6.526 6.4865 24/10/2011 2:39
USD/SEK R↓ R↑ 6.677 6.732 6.5705 6.519 21/10/2011 3:04
USD/SEK R↓ G↑ 6.661 6.6965 6.579 6.533 20/10/2011 2:54
USD/SEK R↓ G↓ 6.707 6.7745 6.5845 6.529 19/10/2011 2:44
USD/SEK B↓ B↓ 6.6595 6.727 6.543 6.493 17/10/2011 2:47
USD/SEK B↓ B↑ 6.7015 6.754 6.5895 6.5305 14/10/2011 2:55
USD/SEK B↓ R↓ 6.696 6.7685 6.567 6.51 13/10/2011 2:51
USD/SEK B↓ G↑ 6.7225 6.7705 6.634 6.5935 12/10/2011 2:41
USD/SEK B↓ B↓ 6.781 6.902 6.5815 6.503 11/10/2011 2:46
USD/SEK G↓ R↓ 6.8385 6.878 6.7495 6.6995 10/10/2011 2:53
USD/SEK G↓ R↓ 6.9075 6.9985 6.76 6.7035 7/10/2011 2:41
USD/SEK G↓ B↓ 6.943 7.0445 6.781 6.7215 5/10/2011 2:48
USD/SEK R↑ R↑ 6.9765 7.02 6.859 6.785 4/10/2011 2:50
USD/SEK R↑ B↑ 6.911 6.959 6.808 6.7535 3/10/2011 2:37
USD/SEK G↓ B↑ 6.856 6.901 6.7455 6.6795 30/9/2011 2:41
USD/SEK G↓ B↑ 6.871 6.919 6.73 6.637 29/9/2011 2:43
USD/SEK G↓ R↓ 6.8345 6.9095 6.69 6.621 28/9/2011 2:41
USD/SEK R↑ B↓ 6.9375 7.065 6.738 6.6665 27/9/2011 2:45
USD/SEK B↑ R↑ 6.967 7.029 6.8295 6.754 26/9/2011 2:45
USD/SEK B↑ R↑ 6.9785 7.056 6.7905 6.68 23/9/2011 2:47
USD/SEK R↑ B↑ 6.829 6.892 6.652 6.537 22/9/2011 2:50
USD/SEK G↑ B↑ 6.442 6.474 6.353 6.297 2/9/2011 3:02
USD/SEK R↓ G↓ 6.371 6.404 6.3035 6.2695 1/9/2011 3:08
USD/SEK R↓ B↑ 6.401 6.449 6.2945 6.2355 31/8/2011 2:50
USD/SEK B↓ R↓ 6.316 6.339 6.262 6.2305 30/8/2011 2:47
USD/SEK B↓ G↓ 6.35 6.4065 6.2575 6.222 29/8/2011 2:48
USD/SEK B↓ R↑ 6.369 6.4125 6.285 6.244 26/8/2011 2:49
USD/SEK B↓ B↑ 6.3715 6.4125 6.289 6.2465 25/8/2011 2:49
USD/SEK B↓ R↓ 6.367 6.4175 6.269 6.221 24/8/2011 2:48
Any transaction in the Forex currency market is risky. The information on this site is intended for use in the general information purposes only and should not be construed as a recommendation to buy or sell any currency pair. Any information on the site may change at any time and without notice. The author does not take any kind of liability for any direct or indirect loss arising from the use of the information contained on the site.

Economic statistics

9:30gbp Industrial Production (MoM) 0.5%
9:30gbp Industrial Production (YoY) -3.3%
9:30gbp Manufacturing Production (MoM) 1.0%
9:30gbp Manufacturing Production (YoY) 0.8%
9:30gbp Visible Trade Balance (Pounds) -£7111
9:30gbp Trade Balance Non EU (Pounds) -£3748
9:30gbp Total Trade Balance (Pounds) -£1109
6:45chf SECO Consumer Confidence -19
5:00jpy Consumer Confidence 40.0
1:30cny Producer Price Index (YoY) 0.7%
1:30cny Consumer Price Index (YoY) 4.5%
23:50jpy Housing Loans (YoY) 2.20%

Interest rates table

country % Next
US 0.25 13/3/2012
EU 1 9/2/2012
0.1 14/2/2012
GB 0.5 9/2/2012
CH 0.25 15/3/2012
CA 1 8/3/2012
AU 4.25 6/3/2012
NZ 2.5 8/3/2012