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 – SEK. The EUR/SEK chart represents the relationship between Euro and Swedish krona. Though Sweden constitutes the part of the Euro-Zone and is obliged to adopt Euro currency according to the Accession Treaty of 1995, the nation still maintains its 230-year-old krona. During the financial crisis EUR is strongly appreciated, but the Swedish crown (krona) also takes advantage from the current Euro-Zone crisis, because people worry about the future of the single bloc currency. As the Euro-Zone keeps facing numerous economic challenges, the EUR/SEK currency pair will continue to be volatile. To browse the latest Forex EUR/SEK 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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