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Results: listing 19 - 24 of 78 for “EUR/SEK”

Global Macro Comment — SEK – Fooled by fundamentals

The Swedish krona has been weak and it has gone from bad to worse in recent months, as the anticipated strengthening of the krona has actually turned out to be the weakest level against the euro in more than six years. We have been bullish for some time and still believe the EURSEK is at elevated levels, but we feel it is necessary to adjust our short-term forecast up to 9.55 (9.35).

Lars Henriksson, Strategist | lahe06@handelsbanken.se

Riksbank comment — September inflation shock and Riksbank consequences

  1. September inflation way below the Riksbank forecast
  2. One low number is not enough to support an extension at the October meeting
  3. Tense wait for the December meeting

Lars Henriksson, Strategist | lahe06@handelsbanken.se

FX Pilot — No action from Bank of Japan to reverse the yen

- USDJPY: Bank of Japan presents no game changer
- EURSEK: Unemployment and housing worries have stalled the strengthening of the krona
- EURNOK: Norges Bank to stay on hold in September
- EURUSD: We stick to our view of a lower euro against the dollar
- USDCNY: Chinese authorities are showing markets they are still in control

Lars Henriksson, Strategist | lahe06@handelsbanken.se

FX Comment — Skingsley repeats message of no more stimulus

  1. Skingsley seems confident that inflation is moving the right way
  2. No need for more easing at this point
  3. Makes way for further SEK strengthening

Lars Henriksson, Strategist | lahe06@handelsbanken.se

FX Comment — We lower our EURSEK forecast

  1. Skinsgley softens stance on means to fight deflation
  2. Per Jansson is claiming the praise for strong labour market and growth
  3. This opens up the possibility of stronger SEK short term

Lars Henriksson, Strategist | lahe06@handelsbanken.se

FX Pilot — Swedish bargaining round is just starting

- EURSEK: Swedish wage pressure is building
- EURNOK: Sell NOK on hawkish Norges Bank
- EURUSD: What happens if the ECB cuts the deposit rate?