Krona Traders Facing Windfall Gains as Swedish Risks Ease

Investors in Sweden’s currency are already profiting from a last-minute deal struck in the final days of 2014 to avert political upheaval.

Since Dec. 27, when Prime Minister Stefan Loefven revealed his minority coalition reached an accord with the opposition to pass his budget and call off a snap election, the krona has gained 0.6 percent against the euro. That compares with a 3.2 percent decline from Dec. 3 to Dec. 26, when Sweden still faced its first early election since 1958 after an anti-immigration party blocked Loefven’s inaugural spending plan.