With possible disruptions in global supply chains posing as a setback to recovery as well as the possibility of dovish surprise from the Riksbank, economists at Danske Bank pencil in EUR/SEK at 10.20 in three months and 10.30 in six months. Riksbank neutral to the SEK, for now “The SEK would be vulnerable to a dovish surprise from the Riksbank on 27 April given current market pricing, which is too hawkish in our opinion.” “A temporary setback in the recovery due to global supply chain disruptions might weigh on the SEK and pose an upside risk to especially our short-term forecasts.” “Inflation is close to a peak and the downtrend we see for the remainder of the year is in our thinking a key headwind for the krona.” “Our constructive view on the USD is also set to weigh on the krona. In all, we raise 3M to 10.20 (10.10) and 6M to 10.30 (10.20), keeping 1M and 12M unchanged at 10.10 and 10.40.” 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 drops to fresh session lows, closer to 1.3700 mark FX Street 2 years With possible disruptions in global supply chains posing as a setback to recovery as well as the possibility of dovish surprise from the Riksbank, economists at Danske Bank pencil in EUR/SEK at 10.20 in three months and 10.30 in six months. Riksbank neutral to the SEK, for now "The SEK would be vulnerable to a dovish surprise from the Riksbank on 27 April given current market pricing, which is too hawkish in our opinion." "A temporary setback in the recovery due to global supply chain disruptions might weigh on the SEK and pose an upside risk to especially our short-term… 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.
