Forex Market Update: US Dollar vs. Swedish Krona
As of July 28, 2025, the forex market has been buzzing with activity, particularly concerning the US Dollar/Swedish Krona (USD/SEK) pair. The latest close price on July 24 was 9.52667, with the pair having experienced a 52-week high of 11.3137 on January 12, 2025, and a low of 8.98231 on May 6, 2025. The primary exchange for this pair is IDEAL PRO.
Interest Rates and Currency Movements
On July 28, 2025, at 16:15, both Avanza and Di.se reported on the latest interest rates and currency movements. Swedish government bonds (Statsobligationer) showed a steady increase across different maturities, with the 2-year bond rising from 1.84% to 1.89%, the 5-year bond from 1.92% to 2.01%, and the 10-year bond maintaining at 2.42%. Japanese and UK bonds also saw slight increases, reflecting a broader trend of rising interest rates in major economies.
Euro and European Markets
The Euro experienced a dip against the US Dollar, trading at 1:168, despite initial strengthening due to a new trade agreement between the US and EU. This was reported by both Avanza and Di.se on the morning of July 28. European bond yields fell, with the 10-year German bond dropping by 4 points to 2.69%. Despite this, European stock markets showed resilience, with the Stoxx 600 index rising by 0.67% and the FTSE 100 by 0.19%.
Stock Market Trends
European stock markets continued their upward trend, with the DAX-terminen increasing by 1.1% ahead of the opening. The Euro Stoxx 50-terminen rose by 1.21%, while the FTSE 100-terminen and the S&P 500-terminen also saw gains. This positive momentum in the stock markets was mirrored by the broader market sentiment, with Asian markets and European and US futures also showing strength.
Oil and Metals
In the commodities market, Brent oil prices fell by 1.0% to $67.66 on July 25, 2025. Government bond yields in the US, Germany, the UK, and Sweden showed slight fluctuations, with the US 10-year bond yield at 4.38%, Germany’s at 2.73%, the UK’s at 4.65%, and Sweden’s at 2.41%.
EU-US Trade Agreement
The positive reaction to the EU-US trade agreement was evident in the currency markets, with the Euro trading slightly stronger against the Dollar at 1:1750. This agreement has had a ripple effect across global markets, with Asian stock markets and European and US futures showing positive trends. The focus remains on trade talks and the upcoming Federal Reserve meeting, with US interest rates showing minimal movement.
In summary, the forex market, particularly the USD/SEK pair, is influenced by a complex interplay of interest rates, trade agreements, and global economic indicators. The recent developments in European bond yields, stock market trends, and the EU-US trade agreement are key factors to watch as they continue to shape the currency landscape.