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Sweden's Krona Set for More Gains After Best Quarter in 15 Years [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Most Read from Bloomberg Gold-Rush Fever Returns to Historic New Zealand Mining Town What Frank Lloyd Wright Learned From the Desert Bank Regulators Fight for Desks as OCC Returns to New York Tower These US Bridges Face High Risk of Catastrophic Ship Strikes Charter Schools, Colleges Push Muni Debt Distress Near Record Despite short-term hurdles, the krona will strengthen a further 3% versus the euro by the end of the year, according to a SEB survey. It's already up about 10% versus the dollar and almost 6% versus the euro in the first three months, the best performance in the period among Group-of-10 currencies in both cases, data compiled by Bloomberg show. A three-year period of persistent weakness finally appears to be ending for the krona as Sweden's economy recovers and Europe prepares to unleash hundreds of billions of euros in military spending. Sweden could benefit more than other nations because its defense exports are among the biggest of major economies wh
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