EUR/SEK: Krona to weaken over the coming quarters – Danske Bank EURSEK Riksbank Banks InterestRate
Riksbank has hiked by 75 basis points as expected. However, economists at Danske Bank expect the Swedish Krona to weaken in the coming months.“The 75 bps hike to 2.50% and a the slightly higher rate path was bang in line Overview of macro forecasts with our expectations. They will also end QE reinvestments as of year-end. The revised rate path is still somewhat shy of market expectations, and hence somewhat dovish.
“We don’t see anything in either monetary policy or the Riksbank’s communication here and now that changes theInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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