Economists at Danske Bank see limited scope for more Swedish krona strength near-term regarding inflation expectations and forecast the EUR/SEK pair at 10.50 on a one-to-three month view. Key quotes “We still expect Swedish GDP to fall by 4-5% this year and have yet to see any indications that the less stringent Swedish restrictions will yield any growth advantage.” “As communicated by Ingves, the Riksbank will not accept low inflation and the exchange rate has an important role to play. This continues to be a medium-term headwind for the SEK.” “We forecast EUR/SEK at 10.50 in one-to-three months and 10.70 in six-to-twelve months.” 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 Massive ODL expansion in Asia set for 2021 – SBI Ripple Asia CEO Adam Traidman FX Street 2 years Economists at Danske Bank see limited scope for more Swedish krona strength near-term regarding inflation expectations and forecast the EUR/SEK pair at 10.50 on a one-to-three month view. Key quotes “We still expect Swedish GDP to fall by 4-5% this year and have yet to see any indications that the less stringent Swedish restrictions will yield any growth advantage.” “As communicated by Ingves, the Riksbank will not accept low inflation and the exchange rate has an important role to play. This continues to be a medium-term headwind for the SEK.” “We forecast EUR/SEK at 10.50 in one-to-three months and 10.70… 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.
