EUR/SEK: Growth concerns keep risks tilted to the downside for the krona – MUFG
The krona has continued to weaken over the past month resulting in EUR/SEK hitting an
Financial and Business News
The krona has continued to weaken over the past month resulting in EUR/SEK hitting an
USD/CAD pares recent gains at 19-month high, renews intraday low of late. Higher inflation expectations
On Tuesday, EUR/SEK only dipped briefly before returning to the 10.60 level. Economists at Commerzbank
Krona losses in May were overdone and have already been partially corrected. A tighter stance
EUR/SEK has continued its move higher on rebalancing flows and monetary policy divergence. With a
EUR/SEK has continued its rally upwards currently trading around 10.25. With a global growth slowdown
The Swedish krona has corrected sharply lower in November. Looking ahead, economists at MUFG Bank
Sweden’s Riksbank has made two subtle, but notable shifts towards tightening at its November meeting.
Economists at ING believe that EUR/SEK is not overvalued in the short-term and a cautious
Economists at ING believe the Riksbank will not meet market expectations of tightening in 2022.