USD/SEK: live price, payout and trading hours

USD/SEK is offered on Sky Trade only as OTC. Its price is generated by Sky Trade's server 24/7 and does not track the real US dollar–Swedish krona rate; the background below describes the real pair for context.

In the real market USD/SEK shows how many Swedish kronor one US dollar buys — 10.50 would mean 1 USD = 10.50 SEK — with a pip of 0.0001; Sky Trade displays four decimals. The krona is managed by Sveriges Riksbank, founded in 1668 and usually described as the oldest central bank in the world. Sweden is an open, export-oriented economy known for industrial goods such as machinery, vehicles and telecom equipment, so the krona is sensitive to the health of European and global demand. As a small currency it tends to weaken when investors retreat from risk and to recover when global growth looks solid. Because Sweden trades mostly with Europe, the real USD/SEK often behaves like a blend of an inverted EUR/USD and EUR/SEK. Riksbank decisions, Swedish inflation and US data such as non-farm payrolls are the usual catalysts.

On Sky Trade's OTC chart none of these factors apply. Ticks arrive every half-second from a model in which the next step is a coin flip in direction, while volatility changes gradually. Swedish news, Fed decisions or a strong dollar elsewhere will not show up in USD/SEK OTC.