{"id":98462,"date":"2020-04-07T02:30:18","date_gmt":"2020-04-07T06:30:18","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=98462"},"modified":"2020-04-07T02:38:47","modified_gmt":"2020-04-07T06:38:47","slug":"102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/","title":{"rendered":"GBP\/SEK: Pound Drops As Boris Johnson Moved To ICU"},"content":{"rendered":"

The Pound<\/a> is falling for a fourth straight session on Tuesday, after tanking late last night on news that Prime Minister Boris Johnson\u2019s condition has taken a turn for the worse. After trading higher versus the Swedish Krona<\/a> for most of Monday\u2019s session, the Pound Swedish Krona closed down 0.4% at 12.3954.<\/p>\n

Today at 06:45 UTC, GBP\/SEK<\/a> is edging -0.1% lower at 12.3796 as investors await an update on the Prime Minister and monitor coronavirus developments in Sweden closely.<\/p>\n

Check real time GBP to SEK exchange rate<\/span><\/a><\/div>\n

UK GDP To Contract -13% in Q2<\/h2>\n

News that Boris Johnson\u2019s condition has deteriorated and that he had been transferred to the Intensive Care Unit (ICU) at St Thomas\u2019 Hospital unnerved Pound investors and sent the Pound sharply lower late on Monday. The Prime Minister has told Foreign Secretary and Secretary of State, Dominic Rabb. to deputise where necessary.<\/p>\n

The update on Boris Johnson came as the number of coronavirus deaths and cases in Britain dropped by a third at the start of the week. The figures boosted optimism that the measures that the government had implemented to slow the spread of coronavirus were working.<\/p>\n

However, these measures come with a cost. Investment bank Goldman Sachs predicts that the UK GDP will contract -6.5% in 2020. The bank is forecasting a -1.9% contraction in the first quarter, followed by a -13% contraction in the second quarter.<\/p>\n

Swedish Coronavirus Fatalities Spike<\/h2>\n

The Swedish Krona continues to rebound, despite persistent concerns over the Swedish government\u2019s handling of the coronavirus outbreak. Sweden announced a sudden spike in coronavirus related deaths on Monday, taking the country\u2019s total to 477 from 410. The number of confirmed cases rose to 7206, up from 6830. Unlike most other European nations, Sweden has refrained from implementing a lock down, despite criticism from many angles.<\/p>\n

In stark contrast, Sweden\u2019s neighbour Norway, has brought the virus under control through wide scale testing and early lock down measures. Norway is now considering how to end the lock down, potentially as from next week.<\/p>\n

Today Swedish Krona investors could look briefly towards Swedish industrial production data for February, before the escalation of coronavirus in the country. The Swedish Krona could come under pressure if industrial production was showing weakness even before the coronavirus outbreak. Analysts are expecting to see a decline of -0.8% month on month after a 1.5% increase in January. `<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound is falling for a fourth straight session on Tuesday, after tanking late last night on news that Prime Minister Boris Johnson\u2019s condition has taken a turn for the worse. After trading higher versus the Swedish Krona for most of Monday\u2019s session, the Pound Swedish Krona closed down 0.4% at 12.3954. Today at 06:45 […]<\/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":[1396,2139,1394,2612,1391,1646,1647],"class_list":{"0":"post-98462","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-sek","9":"tag-boris-johnson","10":"tag-coronavirus","11":"tag-gbp","12":"tag-indsutrial-production","13":"tag-pound","14":"tag-sek","15":"tag-swedish-krona"},"acf":[],"yoast_head":"\nGBP\/SEK: Pound Drops As Boris Johnson Moved To ICU - 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\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/SEK: Pound Drops As Boris Johnson Moved To ICU\",\"datePublished\":\"2020-04-07T06:30:18+00:00\",\"dateModified\":\"2020-04-07T06:38:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/\"},\"wordCount\":426,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/swedish-krona-coins.jpg\",\"keywords\":[\"boris johnson\",\"coronavirus\",\"gbp\",\"indsutrial production\",\"pound\",\"sek\",\"swedish krona\"],\"articleSection\":[\"GBP\",\"SEK\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/\",\"name\":\"GBP\\\/SEK: Pound Drops As Boris Johnson Moved To ICU - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/swedish-krona-coins.jpg\",\"datePublished\":\"2020-04-07T06:30:18+00:00\",\"dateModified\":\"2020-04-07T06:38:47+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#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\\\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/SEK: Pound Drops As Boris Johnson Moved To ICU\"}]},{\"@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: Pound Drops As Boris Johnson Moved To ICU - 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\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"GBP\/SEK: Pound Drops As Boris Johnson Moved To ICU","datePublished":"2020-04-07T06:30:18+00:00","dateModified":"2020-04-07T06:38:47+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/"},"wordCount":426,"image":{"@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","keywords":["boris johnson","coronavirus","gbp","indsutrial production","pound","sek","swedish krona"],"articleSection":["GBP","SEK"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/","url":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/","name":"GBP\/SEK: Pound Drops As Boris Johnson Moved To ICU - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/swedish-krona-coins.jpg","datePublished":"2020-04-07T06:30:18+00:00","dateModified":"2020-04-07T06:38:47+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#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\/102940-gbp-sek-pound-drops-as-boris-johnson-moved-to-icu\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/SEK: Pound Drops As Boris Johnson Moved To ICU"}]},{"@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\/98462","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=98462"}],"version-history":[{"count":2,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/98462\/revisions"}],"predecessor-version":[{"id":98469,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/98462\/revisions\/98469"}],"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=98462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=98462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=98462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}