CADSEK (Canadian Dollar vs Swedish Krona). Exchange rate and online charts.
Currency converter
26 Mar 2025 10:42
(-0.01%)
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Opening price.
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Price range high in the last week
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CAD/SEK is a cross currency pair, meaning it does not contain the US dollar but its price is affected by it. CAD/SEK is quite popular among forex traders.
Despite the fact that the pair does not include USD, it has a significant impact on the pair’s exchange rate. If we compare CAD/USD and USD/SEK charts, they can show us a possible movement of CAD/SEK.
Main features
Canada is one of the world’s leading exporters of crude oil. For that reason, any changes in global oil prices affect the Canadian dollar. There is a direct correlation between fluctuations in oil prices and the loonie’s exchange rate, which is also reflected in the price of CAD/SEK.
Sweden is one of the most developed economies in Europe, leaving its neighbors Denmark, Norway, and Finland far behind. The country boasts a strong economy owing to large mineral deposits and a well-developed mechanical engineering sector.
At the same time, Sweden relies heavily on exports. A decrease in export volumes could shatter the Swedish economy. Likewise, surging energy prices could affect the exchange rate of the Swedish krona.
Aspects of trading CAD/SEK
When trading CAD/SEK, it is important to remember that the spread for transactions in cross currency pairs is often higher than for more popular forex pairs. Therefore, traders should study carefully the broker’s trading conditions before entering the market.
To make an accurate forecast for the pair, it is crucial to monitor the current economic and political situation in both countries, as well as the United States. The key economic indicators are interest rate changes, GDP, and labor market data.
Above all else, CAD/SEK can react to any economic changes in the United States in a different way.
See Also
- As the week begins, bearish players are trying to confirm and extend the prevailing downtrend, but they have yet to achieve strong results — The pair continues to stay close to the weekly levels. (1.0819 – 1.0828). If the decline does progress, the nearest target and next support zone for today
Author: Evangelos Poulakis
05:26 2025-03-26 UTC+2
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USD/JPY: Simple Trading Tips for Beginner Traders on March 25th (U.S. Session)Author: Jakub Novak
19:29 2025-03-25 UTC+2
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The EUR/USD currency pair traded with low volatility on TuesdayAuthor: Paolo Greco
03:40 2025-03-26 UTC+2
1288
- Despite "unipolar" macroeconomic reports, long positions in EUR/USD still appear risky.
Author: Irina Manzenko
00:59 2025-03-26 UTC+2
1273
Trading plan
How to Trade the GBP/USD Pair on March 26? Simple Tips and Trade Analysis for Beginners
On Tuesday, the GBP/USD pair traded with a slight increase, but the overall movement of recent weeks increasingly resembles a flat marketAuthor: Paolo Greco
06:55 2025-03-26 UTC+2
1243
Fundamental analysis
GBP/USD Pair Overview – March 26: The Pound Isn't Even Trying. Inertial Growth Continues
The GBP/USD currency pair resumed its upward movement on Tuesday. It did so on a day when there were no significant events in the UKAuthor: Paolo Greco
03:40 2025-03-26 UTC+2
1213
- The GBP/USD rate rose by 30 basis points on Tuesday.
Author: Chin Zhao
19:36 2025-03-25 UTC+2
1213
Intraday Strategies for Beginner Traders on March 26Author: Miroslaw Bawulski
08:00 2025-03-26 UTC+2
1153
Trading plan
Trading Recommendations and Analysis for EUR/USD on March 26: The Euro Continues Its Sluggish Decline
The EUR/USD currency pair traded with only minimal gains on Tuesday, but the overall trend on the hourly timeframeAuthor: Paolo Greco
03:40 2025-03-26 UTC+2
1153
- As the week begins, bearish players are trying to confirm and extend the prevailing downtrend, but they have yet to achieve strong results — The pair continues to stay close to the weekly levels. (1.0819 – 1.0828). If the decline does progress, the nearest target and next support zone for today
Author: Evangelos Poulakis
05:26 2025-03-26 UTC+2
1363
- USD/JPY: Simple Trading Tips for Beginner Traders on March 25th (U.S. Session)
Author: Jakub Novak
19:29 2025-03-25 UTC+2
1333
- The EUR/USD currency pair traded with low volatility on Tuesday
Author: Paolo Greco
03:40 2025-03-26 UTC+2
1288
- Despite "unipolar" macroeconomic reports, long positions in EUR/USD still appear risky.
Author: Irina Manzenko
00:59 2025-03-26 UTC+2
1273
- Trading plan
How to Trade the GBP/USD Pair on March 26? Simple Tips and Trade Analysis for Beginners
On Tuesday, the GBP/USD pair traded with a slight increase, but the overall movement of recent weeks increasingly resembles a flat marketAuthor: Paolo Greco
06:55 2025-03-26 UTC+2
1243
- Fundamental analysis
GBP/USD Pair Overview – March 26: The Pound Isn't Even Trying. Inertial Growth Continues
The GBP/USD currency pair resumed its upward movement on Tuesday. It did so on a day when there were no significant events in the UKAuthor: Paolo Greco
03:40 2025-03-26 UTC+2
1213
- The GBP/USD rate rose by 30 basis points on Tuesday.
Author: Chin Zhao
19:36 2025-03-25 UTC+2
1213
- Intraday Strategies for Beginner Traders on March 26
Author: Miroslaw Bawulski
08:00 2025-03-26 UTC+2
1153
- Trading plan
Trading Recommendations and Analysis for EUR/USD on March 26: The Euro Continues Its Sluggish Decline
The EUR/USD currency pair traded with only minimal gains on Tuesday, but the overall trend on the hourly timeframeAuthor: Paolo Greco
03:40 2025-03-26 UTC+2
1153
