The iBanFirst Blog

The Australian dollar has been stealing the show in the forex world for the past few weeks. The forest fires have been extinguished, the country has remained largely unaffected by the corona outbreak and the central bank has dispelled the doubts of forex traders.

One euro currently buys around 10.93 Swedish krona. When assessing the EUR/SEK currency pair trend from a long-term perspective, it becomes apparent that — counting back to the end of 1976 — the Swedish krona has halved in value. In other words: over the period from 1977 up to the end of 2008, the c...

In recent weeks, the euro has been almost unmoved in the face of poor statistics. The situation is changing now that an economic divergence is forming between the countries that withstood the coronavirus crisis best and those hit hardest by it.

In Sweden, the pavement cafés are buzzing and everyone can go and get their hair cut. The Dutch will still have to wait some time before this is possible, but everyday life has hardly changed for the Swedes since the corona outbreak. The recovery of the Swedish krona demonstrates that foreign exchan...

A catastrophe is threatening to unfold in Russia. The country is hit hard by the corona outbreak, while the crash of the oil price is creating a huge dent in the budget. Russians, however, are much more accustomed to catastrophe than those of us in the Western world.

No intervention from central banks last week This is the first week since the COVID-19 crisis broke out in which the central banks of the world's major economies have not intervened. This is not a sign that the economic situation is improving, but rather that financial markets – including the foreig...