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US dollar vs. Sweden Krona •USDSEK•

About

USDSEK

The USD/SEK pairing highlights the current value of the US dollar (USD) in relation to the Sweden Krona (SEK). Being one of the less popularly traded pairs, USDSEK does not have a huge amount of influence in the futures and Forex markets. There is an interest-rate differential when it comes to this currency pair as the US tends to maintain lower interest rates than Sweden and the rest of Scandinavia. Another key element to consider in this pair is its high sensitivity to global risk resulting from swings in broad-based investor trends. It can be helpful to pay attention to EURUSD when trading this pair as changes in the Eurozone's monetary policy often see a similar reaction from Sweden.

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