{"id":83697,"date":"2019-12-16T02:13:16","date_gmt":"2019-12-16T07:13:16","guid":{"rendered":"https:\/\/currencylive.com\/?p=83697"},"modified":"2019-12-16T03:29:52","modified_gmt":"2019-12-16T08:29:52","slug":"101774-busy-economic-calendar-puts-krona-in-the-spotlight","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/","title":{"rendered":"GBP\/SEK: Busy Economic Calendar Puts Krona in the Spotlight"},"content":{"rendered":"

It\u2019s a big week ahead for the Swedish Krona<\/a> which remains under pressure following the UK election results. During Friday\u2019s trading session, the GBP\/SEK exchange rate settled at 12.3707, but not before breaking to a new 2019 high, a move that was motivated by the broad-based Pound strength.<\/p>\n

Friday\u2019s trading session saw the GBP\/SEK within the range of 12.2868 -12.4166. However, during the early Asia trading hours, the GBP\/SEK exchange rate was seen stabilizing and trading around 12.5654 level.<\/p>\n

UK investors rushed on a euphoric buying spree that pushed the Pound<\/a> to a multi-year high against the greenback. However, some unwinding of their bullish bets was seen before Friday close. The recent rally made the British Pound, the best performing currency among the majors.<\/p>\n

In Sweden, currency traders are bracing themselves for the Riksbank\u2019s interest rate decision. Last week, key economic data showed the unemployment rate higher at 7.3%, while Prospera inflation survey showed upbeat figures. The Sweden\u2019s economic data are in line with the central bank\u2019s forecasts giving investors\u2019 confidence that the Riksbank will put an end to its multi-year negative interest rate policy. Sweden\u2019s central bank is expected to hike rates to 0.0% at its 19 December policy meeting.<\/p>\n

Key economic data is due out from the other side of the monetary policy spectrum. In the UK, the most important risk events include some figures from the manufacturing sector, the unemployment rate, BOE\u2019s stress test results, the CPI inflation data, the Q3 GDP figures, and last but not least the highlight risk event which is the Bank of England interest rate decision.<\/p>\n

With the UK election behind us, investors are now turning their focus on the Brexit<\/a> deadline. The UK is set to leave the 28-nations bloc on 31 January 2020. Following the historic win in the UK election, the Prime Minister Boris Johnson pledged to deliver the Brexit before the deadline.<\/p>\n

The Conservative Party has a comfortable majority in the UK parliament to allow the Johnson\u2019s divorce bill to gain support among the UK lawmakers.<\/p>\n

\n
Currencylive.com<\/em> is a news site only and not a currency trading platform.<\/em><\/h6>\n
Currencylive.com is a site operated by TransferWise Inc. (“We”, “Us”), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a big week ahead for the Swedish Krona which remains under pressure following the UK election results. During Friday\u2019s trading session, the GBP\/SEK exchange rate settled at 12.3707, but not before breaking to a new 2019 high, a move that was motivated by the broad-based Pound strength. Friday\u2019s trading session saw the GBP\/SEK within […]<\/p>\n","protected":false},"author":163946598,"featured_media":65486,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1698],"tags":[1394,1646],"class_list":{"0":"post-83697","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-sek","9":"tag-gbp","10":"tag-sek"},"acf":[],"yoast_head":"\nGBP\/SEK: Busy Economic Calendar Puts Krona in the Spotlight - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/SEK: Busy Economic Calendar Puts Krona in the Spotlight\",\"datePublished\":\"2019-12-16T07:13:16+00:00\",\"dateModified\":\"2019-12-16T08:29:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/\"},\"wordCount\":597,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg\",\"keywords\":[\"gbp\",\"sek\"],\"articleSection\":[\"GBP\",\"SEK\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/\",\"name\":\"GBP\\\/SEK: Busy Economic Calendar Puts Krona in the Spotlight - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg\",\"datePublished\":\"2019-12-16T07:13:16+00:00\",\"dateModified\":\"2019-12-16T08:29:52+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/SEK: Busy Economic Calendar Puts Krona in the Spotlight\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\",\"name\":\"Ileana Ionescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"caption\":\"Ileana Ionescu\"},\"description\":\"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/SEK: Busy Economic Calendar Puts Krona in the Spotlight - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/SEK: Busy Economic Calendar Puts Krona in the Spotlight","datePublished":"2019-12-16T07:13:16+00:00","dateModified":"2019-12-16T08:29:52+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/"},"wordCount":597,"image":{"@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg","keywords":["gbp","sek"],"articleSection":["GBP","SEK"],"inLanguage":"en-US","copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/","url":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/","name":"GBP\/SEK: Busy Economic Calendar Puts Krona in the Spotlight - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg","datePublished":"2019-12-16T07:13:16+00:00","dateModified":"2019-12-16T08:29:52+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/101774-busy-economic-calendar-puts-krona-in-the-spotlight\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/SEK: Busy Economic Calendar Puts Krona in the Spotlight"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.","url":"https:\/\/currencylive.com\/news\/author\/ileana-ionescu\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/Pound-Stronger-Rupee-Amid-Indian-Ruling-Party-Setback.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/83697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946598"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=83697"}],"version-history":[{"count":5,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/83697\/revisions"}],"predecessor-version":[{"id":83720,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/83697\/revisions\/83720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/65486"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=83697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=83697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=83697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}