EUR/SEK: Krona could see a further leg higher in the coming days – ING

EUR/SEK: Krona could see a further leg higher in the coming days – ING EURSEK Riksbank Banks InterestRate

“We expect a 75 bps hike, which appears to be very much a consensus call. We did see the RB surprise with a 100 bps move earlier this year, but that would likely be a risky move given the strains in the Swedish housing market.”

“We could see a further leg higher in SEK in the coming days, but our longer-term view remains that the Krona will underperform as the If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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