USD/SEK

USD/SEK CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the US Dollar against the Swedish Krona.  

The US Dollar is the world's primary reserve currency and the most widely traded currency globally. Its value is influenced by US economic performance, Federal Reserve monetary policy, and global economic sentiment.  

The Swedish Krona, issued in Sweden, is influenced by the economic performance of Sweden, which has strong trade relationships with the Eurozone. The Riksbank's (Sweden's central bank) monetary policy also plays a significant role in the Krona's value.

The USD/SEK currency pair will be influenced by the relative economic performance and monetary policies of the United States and Sweden.