Senior Analyst at Danske Bank Jens Pedersen suggested the cross should remain in a rangebound theme within 10.20 and 10.40 for the time being. Key Quotes “In the Scandi universe, we still see EUR/SEK largely a 10.20-10.40 range-play ahead of year-end. The recent drop in EUR/SEK towards 10.30 in our view poses an opportunity to play some (limited) upside via options as a new election looms, Riksbank pricing is vulnerable to global risk sell-offs, and seasonality factors could weigh on SEK”. “Combined with cheapish vol in the cross, we thus recommended a bullish 2M EUR/SEK call spread. That said, we maintain that rallies above 10.40 in the cross would be an opportunity to go short for a move towards 10.20 into the December Riksbank meeting”. 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 Trump to hold news conference at 1630 GMT – Sanders FX Street 4 years Senior Analyst at Danske Bank Jens Pedersen suggested the cross should remain in a rangebound theme within 10.20 and 10.40 for the time being. Key Quotes "In the Scandi universe, we still see EUR/SEK largely a 10.20-10.40 range-play ahead of year-end. The recent drop in EUR/SEK towards 10.30 in our view poses an opportunity to play some (limited) upside via options as a new election looms, Riksbank pricing is vulnerable to global risk sell-offs, and seasonality factors could weigh on SEK". "Combined with cheapish vol in the cross, we thus recommended a bullish 2M EUR/SEK call spread. That said, we… 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.
