Economists at Danske Bank see inflation and the economy as SEK-negative factors but as the Riksbank did not cut rates and is not likely to do so in the near-term, they forecast EUR/SEK at 10.60 in 1-3 months and 10.80 in 6-12 months horizon. Click to read: EUR/SEK may be building a significant-top by Credit Suisse Key quotes “We no longer expect a cut from the Riksbank (RB) within a 12M horizon. However, we are worried that the RB’s inaction might lead to further de-anchoring of inflation expectation and might even cause a loss of credibility that will be hard to recover from.” “Poor growth readings and the disastrous inflation data, with CPIF left in deflation territory and expectations at record lows, are both fundamental headwinds for the SEK, suggesting a positive bias in EUR/SEK.” “We now see EUR/SEK at 10.60 in 1-3M and 10.80 in 6-12M.” 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 USD/ZAR: Further weakness is likely to be witnessed – Commerzbank FX Street 3 years Economists at Danske Bank see inflation and the economy as SEK-negative factors but as the Riksbank did not cut rates and is not likely to do so in the near-term, they forecast EUR/SEK at 10.60 in 1-3 months and 10.80 in 6-12 months horizon. Click to read: EUR/SEK may be building a significant-top by Credit Suisse Key quotes “We no longer expect a cut from the Riksbank (RB) within a 12M horizon. However, we are worried that the RB’s inaction might lead to further de-anchoring of inflation expectation and might even cause a loss of credibility that will be hard… 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.
