{"id":97002,"date":"2020-03-04T02:30:17","date_gmt":"2020-03-04T07:30:17","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=97002"},"modified":"2020-03-04T02:45:19","modified_gmt":"2020-03-04T07:45:19","slug":"102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/","title":{"rendered":"GBP\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session"},"content":{"rendered":"

The Swedish Krona<\/a> is pushing higher versus the pound<\/a> in early trade on Wednesday, extending gains from the previous five sessions. On Tuesday the Pound (GBP) Swedish Krona (SEK) exchange rate declined 0.3% to close at 12.1267, approximately in the middle of the trading range for the day.<\/p>\n

At 06:30 UTC, GBP\/SEK<\/a> was trading down 0.1% at 12.1152, the Swedish Krona\u2019s sixth straight session of gains.<\/p>\n

GBP Struggles As Level 4 Incident Risk<\/h2>\n

The pound<\/a> remains under pressure after the Bank of England pledged to take whatever steps necessary to shore up the UK economy in the face of coronavirus risks to the economy. The pledge came a day before the US Federal Reserve slashed rates by 50 basis points and as the UK National Health Service ups its risk in the UK to a level 4 incident, the highest degree of emergency. 12 more people in Britain have been diagnosed with coronavirus, whilst accountancy firm Deloitte\u2019s locked down its London office following a positive coronavirus test on a worker.<\/p>\n

The focus this week has been on central bank action and coronavirus, UK economic data has been shrugged off. Yesterday the pound dropped despite UK construction output expanding at the fastest pace in over a year in February. Today the dominant service sector PMI could attract some attention. Analysts are predicting a slight slowdown in the rate of expansion to 53.2 in February, down from 53.3 in January.<\/p>\n

Swedish Service Sector Expected To Expand<\/h2>\n

The Swedish service sector will be in focus in early trade today. Investors are expecting activity in Sweden\u2019s service sector to expand at a slightly slower rate in February, at 52.1, compared to 52.5 in January. This comes after service sector output jumped out of contraction in January, with the first expansion in the sector since August last year.<\/p>\n

The service sector figures will come after upbeat manufacturing pmi data earlier this week. The manufacturing output index increased to 53 in February, up from 52 in the previous month. This was the second straight month of expansion in the sector and the strongest reading in 14 months.<\/p>\n

 <\/p>\n

 <\/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":"

The Swedish Krona is pushing higher versus the pound in early trade on Wednesday, extending gains from the previous five sessions. On Tuesday the Pound (GBP) Swedish Krona (SEK) exchange rate declined 0.3% to close at 12.1267, approximately in the middle of the trading range for the day. At 06:30 UTC, GBP\/SEK was trading down […]<\/p>\n","protected":false},"author":163946597,"featured_media":47293,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1698],"tags":[1439,2139,1890,1480,1391,1646,1545,1392,1647],"class_list":{"0":"post-97002","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-sek","9":"tag-boe","10":"tag-coronavirus","11":"tag-gbp-sek","12":"tag-manufacturing-pmi","13":"tag-pound","14":"tag-sek","15":"tag-service-sector","16":"tag-sterling","17":"tag-swedish-krona"},"acf":[],"yoast_head":"\nGBP\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session - 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\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\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\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session\",\"datePublished\":\"2020-03-04T07:30:17+00:00\",\"dateModified\":\"2020-03-04T07:45:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/\"},\"wordCount\":598,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/swedish-krona-coins.jpg\",\"keywords\":[\"boe\",\"coronavirus\",\"gbp\\\/sek\",\"manufacturing pmi\",\"pound\",\"sek\",\"service sector\",\"sterling\",\"swedish krona\"],\"articleSection\":[\"GBP\",\"SEK\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/\",\"name\":\"GBP\\\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/swedish-krona-coins.jpg\",\"datePublished\":\"2020-03-04T07:30:17+00:00\",\"dateModified\":\"2020-03-04T07:45:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/swedish-krona-coins.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/swedish-krona-coins.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session\"}]},{\"@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\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session - 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\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"GBP\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session","datePublished":"2020-03-04T07:30:17+00:00","dateModified":"2020-03-04T07:45:19+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/"},"wordCount":598,"image":{"@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","keywords":["boe","coronavirus","gbp\/sek","manufacturing pmi","pound","sek","service sector","sterling","swedish krona"],"articleSection":["GBP","SEK"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/","url":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/","name":"GBP\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","datePublished":"2020-03-04T07:30:17+00:00","dateModified":"2020-03-04T07:45:19+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/102573-gbp-sek-swedish-krona-gains-vs-pound-for-6th-straight-session\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/SEK: Swedish Krona Gains vs Pound For 6th Straight Session"}]},{"@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\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/97002","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\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=97002"}],"version-history":[{"count":4,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/97002\/revisions"}],"predecessor-version":[{"id":97012,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/97002\/revisions\/97012"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/47293"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=97002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=97002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=97002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}