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Chinese Yuan to Swedish Krona (CNY/SEK) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 7, 2024 (12:49)
Reverse forecast: SEK to CNY
Yuan / Swedish Krona price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Yuan (CNY) to Swedish Krona (SEK) | 148.3 | 147.9 | 147.1 | |
| 200 Yuan (CNY) to Swedish Krona (SEK) | 296.6 | 295.8 | 294.1 | |
| 500 Yuan (CNY) to Swedish Krona (SEK) | 741.6 | 739.6 | 735.4 | |
| 1000 Yuan (CNY) to Swedish Krona (SEK) | 1483.2 | 1479.2 | 1470.7 | |
| 3000 Yuan (CNY) to Swedish Krona (SEK) | 4449.7 | 4437.5 | 4412.2 |
How much will the CNY/SEK currency pair cost in 2025, 2026 and 2027? What is the forecast for the CNY/SEK currency pair? What is the target price of the Yuan / Swedish Krona currency pair for 2025-2027?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Yuan rise or fall against the Swedish Krona?
Identifying the trend of the CNY/SEK currency pair
The recent unprecedented drop in China's 10-year bond yield may initiate a potential deflationary spiral, putting the Chinese yuan (CNY) under pressure. This scenario is reminiscent of Japan's long economic stagnation, leading to a bearish outlook for the CNY.
Concurrently, trade tensions with the US have escalated following Donald Trump's re-election and renewed tariff threats. While there is some optimism for the CNY's long-term prospects, the immediate impact is likely to cause short-term depreciation against the US dollar, exacerbating investor risk aversion.
Notwithstanding geopolitical challenges, China's commitment to the yuan's internationalization remains unshaken, suggesting stability and reliability in CNY policies. This ongoing policy consistency may temper potential volatility in the forex markets.
However, optimism stems from institutional confidence as seen with Credit Agricole's endorsement of Hong Kong as its Asian hub for yuan trading amid market uncertainties. Such endorsements reinforce a somewhat bullish sentiment for CNY, indicating potential resilience and growth in the currency's value.
Investors should prepare for potential short-term volatility while recognizing medium to long-term opportunities for stabilization and growth in the CNY.
CNY Trend Prediction
As of now, Panda has analyzed 31 news pieces concerning the CNY currency. The average relevance score for these news items is 0.27 (with the closer to 1 being more relevant).|
2024-12-03
|
Bullish | Impact: 0.02 | News: 2 (1/0/1) |
|
2024-12-02
|
Bullish | Impact: 0.16 | News: 2 (1/1/0) |
|
2024-11-25
|
Bullish | Impact: 0.11 | News: 2 (1/1/0) |
|
2024-11-22
|
Neutral | Impact: -0.14 | News: 2 (0/2/0) |
|
2024-11-20
|
Bullish | Impact: -0.02 | News: 3 (1/1/1) |
|
2024-11-19
|
Bullish | Impact: 0.22 | News: 2 (1/1/0) |
|
2024-11-18
|
Neutral | Impact: 0.12 | News: 3 (1/2/0) |
Record Low in China's 10-Year Bond Yield Intensifies Pressure on Yuan
December 3, 2024 (08:00)
Trend: Somewhat-Bearish
Influence: -0.19
The record low yield on China's 10-year bonds indicates increased risk aversion and a potential deflationary spiral, which diminishes investors' confidence in the CNY. As a result, the CNY faces downward pressure in the forex market, reflected in the somewhat bearish sentiment.
Yuan Declines Sharply as Trade Tensions with US Resurface
December 3, 2024 (06:41)
Trend: Somewhat-Bullish
Influence: 0.24
The renewed tariff threats from Donald Trump's administration create significant economic uncertainty, leading investors to seek safer assets and causing depreciation of the yuan against the US dollar. While the sentiment is somewhat bullish in the long term, the immediate impact of heightened trade tensions is causing a short-term decline in the yuan's value.
SEK Trend Forecasting
Regarding the SEK currency, 2 news pieces were analyzed. The average relevance of these news items is 0.13 (the closer to 1, the higher).|
2024-11-13
|
Bullish | Impact: 0.17 | News: 1 (1/0/0) |
|
2024-11-06
|
Neutral | Impact: 0.15 | News: 1 (0/1/0) |
U.S. Dollar Surges to 4-Month High Against Yen Amid Trump Tariff Speculation
November 13, 2024 (20:41)
Trend: Somewhat-Bullish
Influence: 0.17
The news on the U.S. dollar strengthening against the yen is impacting the SEK positively as the dollar becomes a more attractive option for investors, reducing the appeal of lower-yielding currencies like the yen. This shift can lead to a reallocation of investments towards currencies perceived as somewhat safer or with better yield prospects, such as the SEK, explaining its somewhat bullish sentiment.
Eimskip's Key Employee Share Option Allocation
November 6, 2024 (19:44)
Trend: Neutral
Influence: 0.15
The allocation of share options by Eimskip to key employees worldwide signals confidence in its global operations, which can impact investors' perception of related currencies like the SEK. However, the neutral sentiment indicates that the immediate impact on the SEK exchange rate is expected to be minimal.
This chart provides a comparative trend analysis of sentiment scores over time for CNY and SEK currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Yuan/Swedish Krona currency pair
The chart below shows the historical quotes of the CNY/SEK pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Yuan/Swedish Krona rate can be found in the table below.
Long-term forecasts by years.
CNY Main News
China Remains Steadfast on Yuan's Global Role Despite US Dollar Defense
December 2, 2024 (12:30)
Trend: Neutral
Influence: 0.08
The neutral sentiment towards the CNY suggests that China's ongoing commitment to internationalizing the yuan is perceived as stable and predictable. This steadiness in policy likely tempers any volatility that might be expected from geopolitical exchanges, keeping the CNY exchange rate relatively unaffected.
Credit Agricole Endorses Hong Kong as Key Asian Base Despite Trade Conflicts
December 2, 2024 (00:30)
Trend: Somewhat-Bullish
Influence: 0.24
Credit Agricole's capabilities in yuan trading, coupled with its focus on green finance and infrastructure, signal confidence in the yuan's stability and growth potential, contributing to a somewhat bullish sentiment. The bank's commitment to expanding in Hong Kong despite ongoing trade tensions further reinforces the positive outlook for the CNY.
China's Central Bank Maintains Loan Rate as Yuan Faces Pressure
November 25, 2024 (04:54)
Trend: Neutral
Influence: 0.05
The unchanged medium-term loan rate by China's central bank signals caution in market intervention despite recent fluctuations in the yuan's value. The currency's stability may be challenged due to external political factors like Donald Trump's U.S. election victory, which often stir uncertainty in international markets.
Former Chongqing Mayor Highlights Yuan's Potential on Global Stage
November 25, 2024 (04:26)
Trend: Somewhat-Bullish
Influence: 0.17
Former Chongqing mayor Huang Qifan's assertion that Hong Kong can significantly aid in the yuan's internationalisation emphasizes the strategic importance of leveraging global financial hubs for currency growth. This optimism, reflected in the 'Somewhat-Bullish' sentiment, suggests a favorable environment for the yuan's strengthening position in global markets.
Analysts Lower Projections for PDD Holdings After Q3 Earnings Miss
November 22, 2024 (18:49)
Trend: Neutral
Influence: -0.13
The disappointing revenue figures from PDD Holdings suggest potential headwinds for Chinese economic growth, which can negatively impact the CNY exchange rate. As one of China's significant e-commerce players misses analysts' expectations, it may trigger investor concern about broader market conditions and economic stability, thus weakening the CNY.
China Calls for Constructive Talks with US Amid Looming Tariff Threats
November 22, 2024 (12:30)
Trend: Neutral
Influence: -0.15
The news impacts the CNY exchange rate due to concerns over potential tariffs, which can create economic uncertainty and put downward pressure on the currency. Additionally, China's assertion of economic resilience might suggest a degree of confidence in mitigating these effects, contributing to a neutral sentiment on the CNY.
WeRide's Strategic Growth through Robotaxi and Partnerships: Key to Global Market Leadership
November 20, 2024 (18:25)
Trend: Somewhat-Bearish
Influence: -0.33
The somewhat bearish sentiment towards the CNY may be influenced by the strong global expansion of companies like WeRide, which could increase competition for Chinese companies in the tech sector. Additionally, as WeRide grows internationally, it may affect CNY value due to capital outflows or perceived shifts in economic focus.
Alibaba Secures US$5 Billion from Landmark Dual-Currency Bond Deal
November 20, 2024 (13:30)
Trend: Neutral
Influence: 0.06
The large-scale bond issue by Alibaba highlights its significant role in the financial markets, potentially boosting investor confidence in the Chinese economy. However, the neutral impact on the CNY implies that while the bond issue is substantial, it hasn't had an immediate or direct influence on the CNY exchange rate, likely due to the complexities of currency markets and broader economic factors.
Xpeng's Commitment to Compete Globally Despite Trade Tensions
November 20, 2024 (09:13)
Trend: Somewhat-Bullish
Influence: 0.2
Xpeng's proactive stance in leveraging artificial intelligence to stay competitive despite potential tariff threats is seen as a positive move for China's economic resilience. This determination can instill investor confidence, thereby having a somewhat bullish effect on the CNY exchange rate.
Kingsoft Cloud Achieves 16% Revenue Growth in Q3 2024, AI Initiatives Drive Profitability and CEO Optimism
November 19, 2024 (18:28)
Trend: Bullish
Influence: 0.5
The better-than-expected financial performance and revenue growth of Kingsoft Cloud highlight its strength in leveraging AI for profitability, promoting bullish sentiment for the Chinese yuan. The positive earnings report suggests stronger economic contributions from China’s tech sector, enhancing confidence in the CNY exchange rate.
XPeng Reports Strong Q3 Revenue Growth, Surpassing Expectations and Boosting Deliveries
November 19, 2024 (11:15)
Trend: Neutral
Influence: -0.05
XPeng's stronger-than-expected earnings report might generally bolster confidence in the Chinese economy, which could positively impact the CNY's exchange rate. However, the neutral sentiment score suggests there are other prevailing factors keeping the CNY stable despite this positive corporate news.
Alibaba's Mixed Earnings Report: Monetization Up, GMV Growth Down - Analyst Insights
November 18, 2024 (17:33)
Trend: Bullish
Influence: 0.42
The positive sentiment towards Alibaba's monetization strategy could be contributing to a bullish outlook for the CNY, as successful monetization may lead to increased foreign investment in Chinese markets. However, the lagging GMV growth creates a cautious atmosphere, tempering the currency's strengthening effect.
Niu Technologies Reports Q3: Increased Scooter Sales Volume, Declining Prices Impact Margins
November 18, 2024 (11:15)
Trend: Neutral
Influence: -0.11
The news of Niu Technologies' earnings suggests downward pressure on the CNY due to decreased revenues per e-scooter, reflecting potential economic challenges. However, the strong growth in total sales volume counteracts some concerns, resulting in a relatively neutral impact on the yuan.
Alibaba Issues Bonds in Dual Currencies for Debt Repayment and Stock Buy-Back
November 18, 2024 (08:00)
Trend: Neutral
Influence: 0.05
The news of Alibaba issuing bonds in both US-dollar and yuan to repay debt and fund stock buybacks suggests a strategic financial adjustment that maintains neutral sentiment towards the CNY. This issuance could indicate Alibaba's confidence in the yuan's stability, contributing to a minor neutral effect on its exchange rate.
Alibaba Shares Surge Following Impressive Quarterly Profit Report
November 15, 2024 (11:50)
Trend: Neutral
Influence: 0.11
Alibaba's significant profit increase and growth in its cloud business likely boost investor confidence, which can have a stabilizing effect on the CNY exchange rate. Despite the substantial profit surge, the neutral sentiment suggests that broader market forces or economic outlooks may moderate any immediate impact on the currency.
Comprehensive Analysis of News and Events influencing the CNYSEK currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Yuan/Swedish Krona currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Yuan / Swedish Krona Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 09 | 1.4832 | 1.4743 | 1.4908 | 1.12 % |
| Dec 10 | 1.4844 | 1.4819 | 1.4919 | 0.67 % |
| Dec 11 | 1.4765 | 1.4716 | 1.4841 | 0.85 % |
| Dec 12 | 1.4720 | 1.4683 | 1.4770 | 0.59 % |
| Dec 13 | 1.4708 | 1.4633 | 1.4787 | 1.05 % |
| Dec 14 | 1.4792 | 1.4738 | 1.4815 | 0.52 % |
| Dec 15 | 1.4760 | 1.4715 | 1.4791 | 0.52 % |
| Dec 16 | 1.4763 | 1.4705 | 1.4843 | 0.94 % |
| Dec 17 | 1.4770 | 1.4709 | 1.4815 | 0.72 % |
| Dec 18 | 1.4703 | 1.4677 | 1.4735 | 0.39 % |
| Dec 19 | 1.4615 | 1.4582 | 1.4646 | 0.44 % |
| Dec 20 | 1.4687 | 1.4620 | 1.4773 | 1.04 % |
| Dec 21 | 1.4665 | 1.4632 | 1.4707 | 0.51 % |
| Dec 22 | 1.4705 | 1.4635 | 1.4774 | 0.95 % |
| Dec 23 | 1.4735 | 1.4647 | 1.4808 | 1.10 % |
| Dec 24 | 1.4676 | 1.4595 | 1.4730 | 0.92 % |
| Dec 25 | 1.4767 | 1.4738 | 1.4841 | 0.70 % |
| Dec 26 | 1.4754 | 1.4707 | 1.4782 | 0.51 % |
| Dec 27 | 1.4683 | 1.4634 | 1.4710 | 0.52 % |
| Dec 28 | 1.4616 | 1.4556 | 1.4648 | 0.63 % |
| Dec 29 | 1.4664 | 1.4612 | 1.4707 | 0.65 % |
| Dec 30 | 1.4608 | 1.4540 | 1.4695 | 1.07 % |
| Dec 31 | 1.4643 | 1.4603 | 1.4723 | 0.83 % |
| Jan 01 | 1.4743 | 1.4660 | 1.4821 | 1.10 % |
| Jan 02 | 1.4759 | 1.4720 | 1.4787 | 0.46 % |
| Jan 03 | 1.4856 | 1.4797 | 1.4884 | 0.59 % |
| Jan 04 | 1.4832 | 1.4764 | 1.4863 | 0.67 % |
| Jan 05 | 1.4748 | 1.4663 | 1.4809 | 1.00 % |
| Jan 06 | 1.4753 | 1.4707 | 1.4842 | 0.91 % |
| Jan 07 | 1.4707 | 1.4684 | 1.4751 | 0.46 % |
Target daily price CNY/SEK
Target values of the CNY/SEK currency pair as of 12-09-2024.
Optimistic target level: 1.4908
Pessimistic target level: 1.4743
Target values of the CNY/SEK currency pair as of 12-10-2024.
Optimistic target level: 1.4919
Pessimistic target level: 1.4819
Target values of the CNY/SEK currency pair as of 12-11-2024.
Optimistic target level: 1.4841
Pessimistic target level: 1.4716
Target values of the CNY/SEK currency pair as of 12-12-2024.
Optimistic target level: 1.4770
Pessimistic target level: 1.4683
Target values of the CNY/SEK currency pair as of 12-13-2024.
Optimistic target level: 1.4787
Pessimistic target level: 1.4633
Yuan / Swedish Krona (CNY/SEK) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.4833 | 1.4708 | 1.5009 | 2.01 % |
| Feb | 1.4947 | 1.4816 | 1.5266 | 2.95 % |
| Mar | 1.4863 | 1.4702 | 1.5258 | 3.65 % |
| Apr | 1.4541 | 1.4388 | 1.4642 | 1.74 % |
| May | 1.4658 | 1.4514 | 1.4965 | 3.02 % |
| Jun | 1.4483 | 1.4367 | 1.4585 | 1.49 % |
| Jul | 1.4645 | 1.4404 | 1.4861 | 3.07 % |
| Aug | 1.4487 | 1.4228 | 1.4847 | 4.17 % |
| Sep | 1.4634 | 1.4234 | 1.4915 | 4.57 % |
| Oct | 1.4388 | 1.4030 | 1.4720 | 4.69 % |
| Nov | 1.4639 | 1.4440 | 1.4829 | 2.63 % |
| Dec | 1.4363 | 1.4111 | 1.4514 | 2.77 % |
CNY/SEK forecast for this year
Forecast of the CNY/SEK pair for Jan 2025
Forecast of the CNY/SEK pair for Feb 2025
Forecast of the CNY/SEK pair for Mar 2025
Forecast of the CNY/SEK pair for Apr 2025
Forecast of the CNY/SEK pair for May 2025
Forecast of the CNY/SEK pair for Jun 2025
Forecast of the CNY/SEK pair for Jul 2025
Forecast of the CNY/SEK pair for Aug 2025
Forecast of the CNY/SEK pair for Sep 2025
Forecast of the CNY/SEK pair for Oct 2025
Forecast of the CNY/SEK pair for Nov 2025
Forecast of the CNY/SEK pair for Dec 2025
Yuan / Swedish Krona (CNY/SEK) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.4760 | 1.4393 | 1.5168 | 5.11 % |
| Feb | 1.5235 | 1.4947 | 1.5411 | 3.01 % |
| Mar | 1.5566 | 1.5402 | 1.5865 | 2.92 % |
| Apr | 1.6051 | 1.5719 | 1.6382 | 4.05 % |
| May | 1.6539 | 1.6221 | 1.6921 | 4.14 % |
| Jun | 1.6510 | 1.6123 | 1.6938 | 4.81 % |
| Jul | 1.6655 | 1.6241 | 1.6830 | 3.50 % |
| Aug | 1.6387 | 1.6255 | 1.6760 | 3.01 % |
| Sep | 1.6261 | 1.6135 | 1.6420 | 1.73 % |
| Oct | 1.6517 | 1.6112 | 1.6956 | 4.98 % |
| Nov | 1.6546 | 1.6100 | 1.6841 | 4.40 % |
| Dec | 1.6870 | 1.6486 | 1.6994 | 2.99 % |
Yuan / Swedish Krona (CNY/SEK) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.7059 | 1.6772 | 1.7507 | 4.19 % |
| Feb | 1.6916 | 1.6673 | 1.7176 | 2.93 % |
| Mar | 1.7105 | 1.6752 | 1.7309 | 3.22 % |
| Apr | 1.7081 | 1.6651 | 1.7272 | 3.60 % |
| May | 1.6770 | 1.6588 | 1.6935 | 2.04 % |
| Jun | 1.6982 | 1.6815 | 1.7190 | 2.18 % |
| Jul | 1.6684 | 1.6503 | 1.7111 | 3.55 % |
| Aug | 1.6795 | 1.6343 | 1.7177 | 4.86 % |
| Sep | 1.7313 | 1.7155 | 1.7549 | 2.24 % |
| Oct | 1.7367 | 1.7191 | 1.7610 | 2.38 % |
| Nov | 1.7246 | 1.7058 | 1.7535 | 2.72 % |
| Dec | 1.7058 | 1.6640 | 1.7345 | 4.06 % |