logo |

资讯

    首页   >     原创    >     正文

    Forex Focus: Swedish Krona, Swiss Franc and Euro

    摘要:In the currency market, balance dominates trades. On one side, the safe-havens keep their defensive qualities; on the other side, the currencies gain ground from every good economic or health news. However, this relative stabilization shouldn’t obscure the marked fund trends for the Swedish Krona or the Swiss Franc.
    1.png

      In the currency market, balance dominates trades. On one side, the safe-havens keep their defensive qualities; on the other side, the currencies gain ground from every good economic or health news. However, this relative stabilization shouldnt obscure the marked fund trends for the Swedish Krona or the Swiss Franc. Conversely, if the euro recovers a bit on the eve of the fundamental summit of the European Union, it will show a little neutrality with the greenback as last year.

      Royal Crown (Krona)

      The Swedish Krona has emerged as one of the winner currencies since the global lockdown, with some substantial gains on the dollar. At the start of the year, the Riksbank stood out with its key rate adjusting from last years -0,50% to 0. The monetary establishment wanted to end the 5-year negative rate. On this occasion, the Riksbank became the first to get out of it.

      At its recent low in the early March, the USD/SEK parity was traded at 10.40 SEK, now it takes only 9.1 SEK. This conquering course can be seen in the Swedish Krona, which has gone from 11.2 SEK to 10.35 SEK per euro. As a “good student” who pragmatically focused on serious budgetary matters, Sweden (member of the European Union since 1995) has joined the club of “frugal” with Netherlands, Austria and Denmark.

    2.png

      The euro and the dollar, no winner

      The euro has just made a leap in its trajectory against the dollar. It crossed the 1.14 USD line for the first time in 4 months. This breakthrough against multiple currencies comes out a few days before the extraordinary European summit dedicating the 750 billion stimulus plan. The euro took advantage of the latest information on the possibility of a vaccine against Covid-19 to progress against the safe-havens such as the yen and the Swiss franc.

      The risk assets are favored, which benefits the eurozone. Merkel, the chancellor of Germany, has just declared that European leaders must provide a “massive” response to the economic fallout arising from the coronavirus pandemic. Well not be in this situation any more this weekend. We are taking advantage of this focus on the euro to show its relative stability in the past several years. The graph below plots the 6-year course against the dollar year by year. We can see that the current exchange rate is located in the center (blue circle) of a narrow quotation range on this time benchmark, with an average of 1.12 USD.

    3.png

      The adulated Swiss Franc

      The president of the Swiss National Bank (SNB) spoke a few days ago. In fact, Mr. Jordan explained that in order to meet economic challenges, the SNB should rely on 2 instruments to which it had resorted before the outbreak of the crisis, namely the negative rates and the intervention into the currency exchange market. This 2 measures aim to slow down the appreciation of the franc, which is a real obstacle to Switzerland's exports. This trend has been reinforced by the fall in interest rates, which is decided by other central banks. Monetary easing has resulted in lower yields broadly, exerting pressure on the franc at the end of the chain because the initial spread with the Swiss rate has narrowed.

      The strength and confidence of the Swiss currency are not something new. The following chart shows the preeminent investors interest in the Swiss franc which has been gaining ground on the greenback for 50 years. Despite of the very strong trend over the last decade, the couple has been traded around the parity (close to 1), showing the relative balance.

    4.png

    人民币

    • 阿联酋迪拉姆
    • 澳元
    • 加元
    • 瑞士法郎
    • 人民币
    • 丹麦克朗
    • 欧元
    • 英镑
    • 港币
    • 匈牙利福林
    • 日元
    • 韩元
    • 墨西哥比索
    • 林吉特
    • 挪威克朗
    • 新西兰元
    • 波兰兹罗提
    • 俄罗斯卢布
    • 沙特里亚尔
    • 瑞典克朗
    • 新加坡元
    • 泰铢
    • 土耳其里拉
    • 美元
    • 南非兰特

    美元

    • 阿联酋迪拉姆
    • 澳元
    • 加元
    • 瑞士法郎
    • 人民币
    • 丹麦克朗
    • 欧元
    • 英镑
    • 港币
    • 匈牙利福林
    • 日元
    • 韩元
    • 墨西哥比索
    • 林吉特
    • 挪威克朗
    • 新西兰元
    • 波兰兹罗提
    • 俄罗斯卢布
    • 沙特里亚尔
    • 瑞典克朗
    • 新加坡元
    • 泰铢
    • 土耳其里拉
    • 美元
    • 南非兰特
    当前汇率  :
    --
    请输入金额
    人民币
    可兑换金额
    -- 美元
    风险提示

    WikiFX数据均来自各国外汇监管机构的官方数据,如英国FCA、澳大利亚ASIC等,所公布的内容亦均以公正、客观和实事求是为宗旨,不向外汇交易平台收取公关费、广告费、排名费、数据清洗费等灰色费用。WikiFX会尽最大努力保持我方数据与各监管机构等权威数据方数据的一致及同步性,但不承诺与其实时保持一致和同步。

    鉴于外汇行业的错综复杂,不排除有个别外汇交易商通过欺骗手段获得监管机构的合法注册。如WikiFX所公布数据与实际情况有不符之处,请通过WikiFX“投诉”和“纠错”功能,向我们提出,我们将及时进行核实查证,并公布相关结果。

    外汇、贵金属和差价合约(OTC场外交易)是杠杆产品,存在较高的风险,可能会导致亏损您的投资本金,请理性投资。

    特别提示,WikiFX所列信息仅供参考,不构成投资建议。外汇平台由客户自行选择,平台操作带来的风险,与WikiFX无关,客户需自行承担相关后果和责任。

    ×

    选择国家/地区

    ×

    选择国家/地区