CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – EUR. The counter currency – DKK. The EUR to DKK chart represents the relationship between the euro and the Danish krone. The economy of Denmark significantly depends on foreign trade, which makes it sensitive towards the current trends in external demands from the country’s top trading partners – mostly EU member states. Despite Denmark voting against joining the Eurozone during the referendum of 2000, the Danish krone is still pegged to euro by the European Union’s ERM II (exchange rate mechanism). The Eurozone’s debt crisis may influence the pair’s volatility. To browse the latest Forex EUR to DKK rates, follow Capital.com.
Explore the ongoing AUD/USD downtrend ahead of Australia's GDP data release. Understand economic drivers, RBA policy, and technical signals impacting the Australian Dollar.
Higher-than-expected monthly CPI data watered down expectations for RBA interest rate cuts in 2024; the markets will now shift attention to quarterly GDP data on Wednesday, June 5.
09:55, 5 September 2024
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