Reported 13 days ago
The surge in artificial intelligence investments is starting to impact currency markets in Europe, with analysts suggesting that both the Swedish crown and the British pound could see benefits. Both currencies have shown resilience, with the Swedish krona rising nearly 15% this year, partly due to strong AI investment figures. Despite broader economic factors, the positive sentiment surrounding tech investments from major U.S. firms in the UK and Sweden is providing a supportive backdrop for these currencies, although the exact influence of AI on currency movements remains challenging to quantify.
Source: YAHOO