EURSEK

Euro vs Swedish Krona

Forex spot

0.43%

Low - High

10.09854 - 10.1453

Spread
Swap Long
-71.27
Swap Short
-41.97
Margin Req.
2%
Trading Size
0.01 - 1000
Contract Size
100000
3-Day SWAPs
Wednesday

Commission per lot (single side)

CLASSIC $0  PRO $3  VIP $1.5

Open

Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:55-00:30
About

EURSEK

EURSEK is the Forex quote for the Euro versus the Swedish krona. Although Sweden is a member of the European Union, it has remained opposed to adopting the Euro and opted to join ERM II, a precondition that allows it maintain its 230-year-old krone (crown). EURSEK is one of the most popular Sweden Krona exchange rates. A huge fraction of Sweden's trade is with the Eurozone, with their top trading partners being Norway and Germany. Since Sweden is heavily dependent on the EU for trade, any instability in the euro as a result of problems in its constituent nations may offer a profitable differential. The pair remains somewhat volatile due to the slowdown/recession in the Eurozone.

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