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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark Foreign Exchange Reserves climbed to 687.5K in May 2026
FMPMonthlyReleased June 2026
Denmark Foreign Exchange Reserves climbed to 687.5K in May 2026, released June 2026, up 0.5K from April's 687K reading. The reading matched the 686K consensus. Foreign Exchange Reserves has now risen for 3 consecutive months. Over the past 3 months, Foreign Exchange Reserves averaged 686.9K, vs 670.77K in the prior 3-month window. Foreign Exchange Reserves is now the highest in 37 months.
Latest Release
687.5
Actual
686
Consensus
687
Previous
Median Absolute Error
±5.76 thousand
across last 12 releases
Last Call
Jun 2026
Predicted: 686
Actual: 687.5
Error: -1.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.77 | INDEX | Bearish S&P 500 | → View |
| Euro STOXX 50 | ▼ Inverse | −0.54 | INDEX | Bearish Euro STOXX 50 | → View |
| DAX | ▼ Inverse | −0.52 | INDEX | Bearish DAX | → View |
| BTC/USD | ▼ Inverse | −0.48 | CRYPTO | Bearish BTC | → View |
| EUR/DKK | ▲ Direct | +0.35 | FOREX | Bullish EUR | → 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 688 thousand in June 2026. This beat the market consensus of 686 thousand by 2 thousand. The reading rose from the previous value of 687 thousand. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 675 thousand, ranging from 651 thousand to 688 thousand across 9 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 683 thousand, up from the prior three at 662 thousand. Volatility over the past year (σ 11 thousand) is higher than the prior year (σ 10 thousand). In June readings over the past 3 years, Foreign Exchange Reserves has averaged 662 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). 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 July 2, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 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 (May 2026): actual 687.5 K, consensus 686 K. Prior reading (Apr 2026): 687 K. Before that (Mar 2026): 686.8 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 S&P 500 (Bearish S&P 500, r=-0.77) — a useful reference for index-focused traders.