- Trading
- Instrument Specifications
- Currency Pairs
- USD / SEK Investing
Trading a Currency Pair - USDSEK
USD/SEK Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 60 | 60 | 60 |
| Floating Spread, pip | 60 | 60 | 60 |
| Order distance, pip | 120 | 120 | 120 |
| Swap, pip (Long/Short) | 1.75 / -9.06 | 1.75 / -9.06 | 1.75 / -9.06 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 SEK | 10 SEK | 10 SEK |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 60 | 60 | 60 | floating |
| Order distance, pip | 120 | 120 | 120 | 120 |
| Swap, pip (Long/Short) | 1.75 / -9.06 | 1.75 / -9.06 | 1.75 / -9.06 | 1.75 / -9.06 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 SEK | 10 SEK | 10 SEK | 10 SEK |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 60 | 60 | 60 | 60 |
| Order distance, pip | 120 | 120 | 120 | 120 |
| Swap, pip (Long/Short) | 1.75 / -9.06 | 1.75 / -9.06 | 1.75 / -9.06 | 1.75 / -9.06 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 SEK | 10 SEK | 10 SEK | 10 SEK |
USD/SEK Trading Hours
USD/SEK trading hours are the time when investors can buy and sell USD/SEK. The USD/SEK is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD/SEK during different trading hours. Depending on where you live, you may be able to trade USD/SEK at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD/SEK trading hours begin and end.
The USD/SEK is sensitive to relative monetary policy expectations for the Federal Reserve versus the central bank of Sweden (Riksbank). The USD/SEK exchange rate may be sensitive to swings in broad-based investor sentiment trends. Sweden is also considered to be an essential exporter to the UK and the Eurozone, which means that the developments in those economies can sometimes impact SEK price action.
USDSEK Trading
The USDSEK is sensitive to relative monetary policy expectations for the Federal Reserve versus the central bank of Sweden (Riksbank). The USDSEK exchange rate may be sensitive to swings in broad-based investor sentiment trends. Sweden is also considered to be an essential exporter to the UK and the Eurozone, which means that the developments in those economies can sometimes impact SEK price action. This pair presents how many Swedish krona is needed to trade USDSEK. For a deeper understanding how to trade currency pairs, for example USDSEK, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDSEK | Forex | Minor
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
