Losses within the Krona over the last week be pleased exceeded these of every other G10 currencies. Economists at ING existing that SEK recovery route remains very slender, and nearly fully dependent on market dynamics.
It’s miles up to the market to tell the tide for the Krona
“The near-time duration outlook remains grim and this would possibly maybe occasionally maybe well nearly fully be up to market dynamics to trade the tide for the Krona.”
“We narrate EUR/SEK would possibly maybe maybe well well moreover alternate inner a unstable 11.40/11.60 range into and rapidly after the 29 June Riksbank meeting.”
“The finest data for SEK would maybe be an upside shock in Can even simply inflation numbers, that will maybe well well moreover aid the Riksbank sound extra hawkish.”
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