The multi-year period of a higher EUR/SEK has ended, according to Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank. The EUR/SEK pair is trading at 10.58240. Key quotes “The tentative stabilisation in the German economy should support the Swedish cycle, although the coronavirus implies that uncertainty has risen, and the trajectory will likely be more volatile.” “Domestic demand in Sweden appears to be stabilising (albeit at weak levels) supported by rising house prices, which together with higher real policy rates should support capital inflows.” “The more constructive backdrop for the SEK could change if the Riksbank reacted to the lower inflation we project, but that is not our base case.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD slides to session lows, back closer to 1.2900 mark FX Street 2 years The multi-year period of a higher EUR/SEK has ended, according to Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank. The EUR/SEK pair is trading at 10.58240. Key quotes “The tentative stabilisation in the German economy should support the Swedish cycle, although the coronavirus implies that uncertainty has risen, and the trajectory will likely be more volatile.” “Domestic demand in Sweden appears to be stabilising (albeit at weak levels) supported by rising house prices, which together with higher real policy rates should support capital inflows.” “The more constructive backdrop for the SEK could change if the Riksbank reacted… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
