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Results: listing 25 - 30 of 78 for “EUR/SEK”

FX Comment — Spanish politics swings to the left

  1. Both Madrid and Barcelona set to have mayors from Podemos-related parties
  2. Temperature is rising ahead of the general election
  3. Podemos is close to Greece's Syriza Party

Lars Henriksson, Strategist | lahe06@handelsbanken.se

FX Comment — Riksbank is stepping back from previous comments about the SEK

  1. Intervention not currently on the agenda
  2. A step back from previous statements
  3. Very explicit about SEK

Lars Henriksson, Strategist | lahe06@handelsbanken.se

Markkinakatsaus — Suuri dollariliike on takanapäin

Dollarin viime kesän jälkeen tapahtunut suuri kurssiliike on nyt takanapäin ja tästä eteenpäin dollarin vahvistuminen etenee paljon pienemmin askelin. Pitäydymme edelleen odotuksessa, että EURUSD-kurssi laskee pariteettiin tämän vuoden aikana ja sen jälkeen laskee jopa hieman pariteetin alapuolelle. Ruotsin keskuspankki Riksbanken pitää kruunun toistaiseksi edullisena, mutta myöhemmin Ruotsin inflaation osoittautuessa euroalueen inflaatiota nopeammaksi on Riksbankenin helpompi sallia kruunun vahvistuminen suhteessa euroon.

FX Comment — Valutainterventioner. "In for a penny, in for a pound".

    Svårt att se EUR/SEK under 9.1000Det finns, i våra ögon, anledning att vara beredd på valutainterventioner från Riksbanken även tidigare än årets bottnar i EUR/SEK på 9,05-9,10. Vår bedömning är att Riksbanken har gett sig in i valutakriget med hull och hår och inte kommer att dra sig för ytterligare åtgärder i sin strävan att försvaga SEK. Att sluta här, d v s anta en vänta-och-se-taktik kommer enbart att tolkas som svaghet i marknadens ögon och innebära att tidigare åtgärder i princip kunde vara ogjorda.

    Lars Henriksson, Strategist | lahe06@handelsbanken.se

FX Comment — Riksbank is moving from watching spot inflation to spot EUR/SEK

    A race against SEK buyersThe EUR/SEK moved about as much on the Rikbank's latest decision as the previous time. Will it take nine trading days for the SEK to get back to what it was before the decision this time as well? Or will the Riksbank get more weakening of the SEK than it is wishing for? Riksbank Governor Stefan Ingves had a very hard time explaining what has changed for the worse since the previous decision, except for the SEK.

    Lars Henriksson, Strategist | lahe06@handelsbanken.se

FI Comment — September CPI shock opens for Riksbank cut on October 28

    Repo rate lowered to 5bp main scenarioSwedish September CPI is another shock for the Riksbank, which is in the process of preparing the October monetary policy report (released in conjunction with the rate decision on Oct 28). Inflation as measured by CPIF landed 0.36 percentage points below the Riksbank’s forecast, the biggest downside deviation since October 2013. As the Riksbank has signaled zero tolerance for downside surprised in inflation, the board will have no choice but to respond with lowering rates at the October meeting.