ucsgears

EURSEK - Bearish Beginning ?

FX:EURSEK   Euro FX/Swedish Krona
64 5 3
Since I am in Sweden, I was just checking out their currency correlations.

Obviously EUR out performed SEK             . But what just happened, Seems like, SEK             is gaining strength. Can someone from Sweden Explain what's happening. Just Curious.

Thanks
UCS
Could it just be, that investors / hedges short EUR are covering and getting it back in SEK? I am new to this EURO and its underlying currency confluences.
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Have a good trip. What brings you to Sweden?
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ucsgears PRO tradearcher
my Full time Job. lol
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That would make sense.
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2use ucsgears
I hope you give more attention to Sek :D lots of interesting things (like USD/SEK, JPY/SEK, NOK/SEK :))
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