07-04-2006

The dollar below 7 swedish crowns

According to Stefan Mellin at Danske Bank we should expect to see a dollar below seven swedish crowns before the end of 2006. This is fantastic news for americans looking for swedish investments, but it’s terrible for swedes with investments in US (like myself :( ). Let’s see if he’s correct or not.

The important thing here if the Fed will continue to increase the federal funds rate or not…..

 

USD

GBP

EUR

JPY

USD

-

1.8420

1.2806

0.00872

GBP

0.5429

-

0.6953

0.00473

EUR

0.7809

1.4383

-

0.00681

JPY

114.7320

211.3405

146.9335

-

Posted by bylla in Currency, Economics, English | RSS 2.0

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