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EUR/SEK under pressure ahead of Riksbank – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Edinburgh) - Jens Pedersen, Senior Analyst at Danske Bank, sees the krona still vulnerable in light of next week’s Riksbank meeting.

    Key Quotes

    “EUR/SEK continued its march higher and the market is now pricing in around 8bp for the Riksbank meeting on 11 February”.

    “We expect the Riksbank to cut by 10bp and hence the easing is broadly priced. Expect EUR/SEK to stabilise ahead of 9.50 and gradually head lower”.
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