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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark Foreign Exchange Reserves fell to 693.2K in September 2026
FMPMonthlyReleased October 2026
Denmark Foreign Exchange Reserves fell to 693.2K in September 2026, released October 2026, down 0.4K from August's 693.6K reading. The reading matched the 689K consensus. Foreign Exchange Reserves has now declined for 3 consecutive months. Over the past 3 months, Foreign Exchange Reserves averaged 696.6K, vs 687.1K in the prior 3-month window. The reading is in the 89th percentile of the trailing 24-month range.
Latest Release
693.2
Actual
689
Consensus
693.6
Previous
Median Absolute Error
±5.92 thousand
across last 12 releases
Last Call
Oct 2026
Predicted: 687.35
Actual: 693.2
Error: -5.85
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.55 | CRYPTO | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.51 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.46 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.45 | INDEX | Moves against | → View |
| FTSE 100 | ▼ Inverse | −0.28 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Foreign Exchange Reserves (Denmark) was reported at 693 thousand in October 2026. This beat the market consensus of 689 thousand by 4 thousand. The reading fell from the previous value of 694 thousand. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 680 thousand, ranging from 651 thousand to 700 thousand across 9 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 695 thousand, up from the prior three at 683 thousand. Volatility over the past year (σ 15 thousand) is comparable than the prior year (σ 15 thousand). In October readings over the past 3 years, Foreign Exchange Reserves has averaged 671 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with Euro STOXX 50, negatively correlated (Bearish Euro STOXX 50). Over the last 12 releases, the Sigmacast model's median absolute error is 6 thousand.
WHAT TO WATCH NEXT
The next release is scheduled for November 3, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Foreign Exchange Reserves - DK
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About Foreign Exchange Reserves — Denmark
DEFINITION
Foreign Exchange Reserves refer to the amount of foreign currency held by a country's central bank. These reserves are used to maintain stability in the country's currency and to fulfill international payment obligations. They serve as a measure of a country's economic strength and ability to withstand external shocks. Foreign Exchange Reserves are an important financial indicator for investors and policymakers, providing insight into a country's monetary policy and its ability to manage its currency.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 693.2 K, consensus 689 K. Prior reading (Aug 2026): 693.6 K. Before that (Jul 2026): 699.6 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.55) — a useful reference for crypto-focused traders.
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Economic Calendar - DK Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | DK | Unemployment Rate | 2.7 | 2.7 | 2.8 | 2.75 | Low |