USDSEK price on Sep 18 at 5:00 PM EDT
Short Answer
1. Market Behavior & Drivers
- USDSEK above 9.771 is likely, driven by the Federal Reserve's recent rate hike.
- Bullish technicals and trading above major moving averages support sustained USD strength.
- Increased safe-haven demand for the USD due to global tensions bolsters higher levels.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Above 9.805 | 39.0% | 60.2% | Robust USD strength, including a recent Fed rate hike, supports bullish technicals and an expected consolidation range. |
| Above 9.795 | 20.0% | 61.1% | USDSEK maintains a strong bullish technical structure and is expected to consolidate within a 9.75–9.98 range. |
| Above 9.771 | 80.0% | 94.8% | The USDSEK pair shows strong bullish technical momentum and Fed monetary tightening. |
| Above 9.773 | 93.0% | 94.8% | Continued Fed monetary tightening and safe-haven demand drive USDSEK strength. |
| Above 9.823 | 47.0% | 54.3% | The USDSEK pair is expected to consolidate within a 9.75–9.98 range due to robust USD strength. |
Current Context
Sources (14)
- 1USDSEK price on Sep 18 at 5:00 PM EDT - Kalshi Odds | CoinRithmcoinrithm.com
- 2Mapping the Market: Swedish krona on the verge of deeper losses | Reutersreuters.com
- 3USD/SEK resistance test at kr9.9041: Key levels to watchtradersunion.com
- 4What's driving US Dollar vs Swedish Krona higher today?tradersunion.com
- 5SEB Researchresearch.sebgroup.com
- 6Federal Reserve Board - Federal Reserve issues FOMC statementfederalreserve.gov
- 7Week of 9/14/2026: Macro Uncertainty Fuels Hedging Demand Ahead of FOMC | Cboecboe.com
- 8Federal Reserve Board - Foreign Exchange Rates - H.10 - September 14, 2026federalreserve.gov
- 9Federal Reserve Board - Foreign Exchange Rates - H.10 - September 08, 2026federalreserve.gov
- 10Federal Reserve Board - Foreign Exchange Rates - G.5 - September 01, 2026federalreserve.gov
- 11The Fed - Virtue or Mirage? Complexity in Exchange Rate Predictionfederalreserve.gov
- 12The Taylor Rule and Interval Forecast for Exchange Ratesfederalreserve.gov
- 13The Fed - Monetary Policy and the Predictability of Nominal Exchange Ratesfederalreserve.gov
- 14FRB: The Information Content of Forward and Futures Prices: Market Expectations and the Price of Riskfederalreserve.gov
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Above 9.795
📉 September 16, 2026: 66.0pp drop
Price decreased from 86.0% to 20.0%
Outcome: Above 9.823
📉 September 15, 2026: 18.0pp drop
Price decreased from 69.0% to 51.0%
Outcome: Above 9.799
📈 September 14, 2026: 17.0pp spike
Price increased from 42.0% to 59.0%
Sources (10)
- 1USD/SEK resistance test at kr9.9041: Key levels to watchtradersunion.com
- 2What's driving US Dollar vs Swedish Krona higher today?tradersunion.com
- 3Dollar Rises as Fed Hikes Rates, Signals Possible Further Increase This Year - Bloombergbloomberg.com
- 4The Fed - September 16, 2026: FOMC Projections materials, accessible versionfederalreserve.gov
- 5Federal Reserve Board - Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meetingfederalreserve.gov
- 6Mapping the Market: Swedish krona on the verge of deeper losses | Reutersreuters.com
- 7USD to SEK exchange rate — September 2026 | FxConverterfxconverter.ch
- 8Federal Reserve Board - Foreign Exchange Rates - H.10 - September 14, 2026federalreserve.gov
- 9Federal Reserve Board - Foreign Exchange Rates - H.10 - September 14, 2026federalreserve.gov
- 10Federal Reserve Board - Foreign Exchange Rates - H.10 - September 08, 2026federalreserve.gov
4. Market Data
Contract Snapshot
This Kalshi market resolves to YES if the USDSEK price is above 9.817. Conversely, it resolves to NO if the USDSEK price is 9.817 or below. The settlement time for this market is September 18 at 5:00 PM EDT. No special settlement conditions are specified in the provided content.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Above 9.773 | $0.99 | $0.80 | 93% |
| Above 9.779 | $0.99 | $0.82 | 92% |
| Above 9.767 | $0.99 | $0.40 | 86% |
| Above 9.769 | $0.98 | $0.19 | 84% |
| Above 9.775 | $0.99 | $0.81 | 81% |
| Above 9.777 | $0.99 | $0.81 | 81% |
| Above 9.771 | $0.98 | $0.83 | 80% |
| Above 9.781 | $0.68 | $0.82 | 67% |
| Above 9.785 | $0.68 | $0.82 | 67% |
| Above 9.783 | $0.61 | $0.87 | 60% |
| Above 9.791 | $0.53 | $0.85 | 52% |
| Above 9.797 | $0.51 | $0.87 | 50% |
| Above 9.817 | $0.50 | $0.79 | 49% |
| Above 9.799 | $0.49 | $0.84 | 48% |
| Above 9.811 | $0.48 | $1.00 | 47% |
| Above 9.823 | $0.48 | $0.96 | 47% |
| Above 9.809 | $0.47 | $0.87 | 46% |
| Above 9.807 | $0.46 | $0.87 | 45% |
| Above 9.789 | $0.44 | $0.87 | 43% |
| Above 9.793 | $0.50 | $1.00 | 42% |
| Above 9.787 | $0.41 | $0.85 | 40% |
| Above 9.819 | $0.42 | $1.00 | 40% |
| Above 9.821 | $0.46 | $1.00 | 40% |
| Above 9.805 | $0.50 | $1.00 | 39% |
| Above 9.803 | $0.43 | $1.00 | 24% |
| Above 9.801 | $0.43 | $1.00 | 23% |
| Above 9.795 | $0.43 | $1.00 | 20% |
| Above 9.825 | $0.46 | $1.00 | 20% |
| Above 9.815 | $0.40 | $1.00 | 14% |
| Above 9.813 | $0.42 | $1.00 | 13% |
| Above 9.747 | $0.99 | $0.80 | 0% |
| Above 9.749 | $0.99 | $0.81 | 0% |
| Above 9.751 | $0.99 | $0.77 | 0% |
| Above 9.753 | $0.99 | $0.79 | 0% |
| Above 9.755 | $0.99 | $0.76 | 0% |
| Above 9.757 | $0.99 | $0.78 | 0% |
| Above 9.759 | $0.99 | $0.79 | 0% |
| Above 9.761 | $0.99 | $0.81 | 0% |
| Above 9.763 | $0.99 | $0.78 | 0% |
| Above 9.765 | $0.99 | $0.78 | 0% |
Market Discussion
Current market sentiment for USDSEK is strongly bullish, with one prediction market showing an 81% implied probability that the price will exceed 9.795 on September 18, 2026, and 99% of monitored forex traders holding long positions [1]. This sentiment is notably influenced by the Federal Reserve's announcement on September 16, 2026, to raise the federal funds rate [2]. However, recent analysis highlights overbought signals suggesting potential near-term consolidation between 9.7569 and 9.9791, while a quantitative forecast for September 18, 2026, projects a lower price around 9.38 [3].
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Market integrity is low (65), but Integrity averages all three scores, so the other two pull it up. Only a critically low score would cap the total.
Includes the cost to trade: a $100 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. How do the September 2026 monetary policy stances of the U.S. Federal Reserve and Sweden's Riksbank compare on key metrics like target interest rates and inflation outlooks?
| US Fed Funds Upper Limit | 3.75 percent (September 16, 2026) [1][2] |
|---|---|
| Riksbank Key Interest Rate | 1.75% (September 17, 2026) [3] |
| USDSEK > 9.795 Probability | 81% (September 18, 2026) [4][5] |
Sources (11)
- 1Federal Funds Target Range - Upper Limit (DFEDTARU) | FRED | St. Louis Fedfred.stlouisfed.org
- 2Federal Funds Target Range - Upper Limit (DFEDTARU) | FRED | St. Louis Fedfred.stlouisfed.org
- 3Monetary policy decisions | Sveriges Riksbank - Riksbankenriksbank.se
- 4USDSEK price on Sep 18 at 5:00 PM EDT - Kalshi Odds | CoinRithmcoinrithm.com
- 5USDSEK price on Sep 18 at 5:00 PM EDT - Cuotas en Kalshi | CoinRithmcoinrithm.com
- 6Businessweek Daily: The Fed Raises Rates (Podcast)youtube.com
- 7Fed Raises Rates as Warsh Bucks Trump to Contain Inflation, Future Proof Day Two | Bloomberg...youtube.com
- 8Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Sweden | ALFRED | St. Louis Fedalfred.stlouisfed.org
- 9Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Sweden (IR3TIB01SEM156N) | FRED | St. Louis Fedfred.stlouisfed.org
- 10Swedish Kronor to U.S. Dollar Spot Exchange Rate (DEXSDUS) | FRED | St. Louis Fedfred.stlouisfed.org
- 11Swedish Kronor to U.S. Dollar Spot Exchange Rate (EXSDUS) | FRED | St. Louis Fedfred.stlouisfed.org
7. Beyond central bank policy, what specific geopolitical events in Europe could weaken the SEK relative to the USD's safe-haven status before September 18?
| Primary Geopolitical Risk | Russia-U.S. agenda tensions (ongoing) [1] |
|---|---|
| Secondary Geopolitical Risk | Projectiles in Strait of Hormuz (mid-September 2026) [1] |
| Safe-Haven Status | USD reinforced over SEK in crises [2][1][3] |
8. What evidence from technical indicators like the Relative Strength Index (RSI) and moving averages supports the consensus for continued USD strength against the SEK through mid-September 2026?
| Implied Probability (USDSEK > 9.795) | 81% (as of Sep 16, 2026) [1] |
|---|---|
| Technical Indicator Signals | Mixed and evolving throughout 2026 [2][3][4] |
| Technical Analysis Sensitivity | Highly sensitive to timeframe [5][4] |
Sources (5)
- 1USDSEK price on Sep 18 at 5:00 PM EDT - Kalshi Odds | CoinRithmcoinrithm.com
- 2Usd/sek Currency Pair Price Forecast. Should You Buy USDSEK?stockinvest.us
- 3Can Federal Reserve daily rate release pressure USD/SEK?tradersunion.com
- 4USD to SEK Forecast 2026–2030: Dollar to Swedish Krona Price...j2t.com
- 5USD SEK Technical Analysis - Investing.cominvesting.com
9. How do current Q3 2026 forecasts for USD/SEK from major institutions like SEB Group and Reuters compare to the historical accuracy of their predictions over the past two years?
| Q3 2026 Financial Forecast Range | 9.15–9.45 [1] |
|---|---|
| Mid-September 2026 Spot Rate | Near 9.79+ [1][2] |
| Kalshi Implied Probability (Sept 18, 2026) | 81% above 9.795 [2][3][4] |
Sources (4)
- 1Dollar to Swedish Krona Forecast: USD/SEK Expected to Reach...exchangerates.org.uk
- 2USD to SEK Forecast 2026–2030: Dollar to Swedish Krona Price...j2t.com
- 3USDSEK price on Sep 18 at 5:00 PM EDT - Kalshi Odds | CoinRithmcoinrithm.com
- 4USDSEK price on Sep 18 at 5:00 PM EDT - Cuotas en Kalshi | CoinRithmcoinrithm.com
10. What key economic data releases from the U.S. and Sweden, such as CPI or jobs reports, are scheduled before September 18, 2026 that could act as a catalyst for USD/SEK volatility?
| US Economic Catalysts before Sept 18, 2026 | August payroll employment, unemployment rate, Producer Price Index, Consumer Price Index, and Import/Export Price Indexes [1][2] |
|---|---|
| Sweden Economic Catalysts before Sept 18, 2026 | No specific immediate catalysts identified [3][4] |
| US Data Release on Sept 18, 2026 | State Employment and Unemployment report for August 2026 at 10:00 AM ET [2] |
Sources (4)
- 1Job Openings and Labor Turnover Summarybls.gov
- 2Schedule of Selected Releases for September 2026data.bls.gov
- 3Swedish Kronor to U.S. Dollar Spot Exchange Rate (EXSDUS) | FRED | St. Louis Fedfred.stlouisfed.org
- 4Swedish Kronor to U.S. Dollar Spot Exchange Rate (DEXSDUS) | FRED | St. Louis Fedfred.stlouisfed.org
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: September 25, 2026
- Closes: September 18, 2026
Sources (13)
- 1Federal Reserve issues FOMC statementfederalreserve.gov
- 2Federal Reserve Board - Implementation Note issued September 16, 2026federalreserve.gov
- 3The Fed - September 16, 2026: FOMC Projections materials, accessible versionfederalreserve.gov
- 4Federal Reserve Board - Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meetingfederalreserve.gov
- 5Press conference on the September monetary policy decision | Sveriges Riksbankriksbank.se
- 6Riksbank Rate Decision September 2026: Date, Time & What to Expect | Finance Calendarfinancecalendar.com
- 7September 2026 Economic Calendar | EskiSignaleskisignal.com
- 8USDSEK Live Chart, News and How to Tradetmgm.com
- 9The Fed - Kalshi and the Rise of Macro Marketsfederalreserve.gov
- 10Kalshi and the Rise of Macro Marketsfederalreserve.gov
- 11https://www.sec.gov/Archives/edgar/data/1742912/000199937126020136/fed-485apos_090826.htmsec.gov
- 12USDSEK price on Sep 18 at 5:00 PM EDT - Kalshi Odds | CoinRithmcoinrithm.com
- 13What's driving US Dollar vs Swedish Krona higher today?tradersunion.com
12. Decision-Flipping Events
- Trigger: The Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by 0.25 percentage points to 3.75
- Trigger: 4.00 percent on September 16, 2026, citing persistent inflation and resilient economic activity [1][2].
- Trigger: FOMC economic projections from September 2026 indicate participants anticipate continued monetary tightening, with a consensus federal funds rate range of 3.9
- Trigger: 4.4 percent for the end of 2026 [3][4].
Sources (4)
- 1Federal Reserve issues FOMC statementfederalreserve.gov
- 2Federal Reserve Board - Implementation Note issued September 16, 2026federalreserve.gov
- 3The Fed - September 16, 2026: FOMC Projections materials, accessible versionfederalreserve.gov
- 4Federal Reserve Board - Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meetingfederalreserve.gov
14. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 20 resolved YES, 0 resolved NO
Recent resolutions:
- KXUSDSEKAW-26SEP11-9.6970: YES (Sep 11, 2026)
- KXUSDSEKAW-26SEP11-9.6950: YES (Sep 11, 2026)
- KXUSDSEKAW-26SEP11-9.6930: YES (Sep 11, 2026)
- KXUSDSEKAW-26SEP11-9.6910: YES (Sep 11, 2026)
- KXUSDSEKAW-26SEP11-9.6890: YES (Sep 11, 2026)