In view of Jens Pedersen, Senior Analyst at Danske Bank, the outlook on the Swedish currency seems positive in the near term horizon. Key Quotes “In Scandies, risk aversion took a firm grip on EUR/SEK yesterday as the Italian crisis escalated, and price action suggests Sweden’s AAA status is not yet a strong attraction”. “While the Riksbank expects a stronger SEK, a euro crisis would see SEK appreciation for the wrong reasons. Our short-term models have fair value in the 9.20-30 region for what it’s worth (which is perhaps not so much right now)”. 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 EUR/JPY scope for a visit to 124.08 – Commerzbank FX Street 5 years In view of Jens Pedersen, Senior Analyst at Danske Bank, the outlook on the Swedish currency seems positive in the near term horizon. Key Quotes "In Scandies, risk aversion took a firm grip on EUR/SEK yesterday as the Italian crisis escalated, and price action suggests Sweden's AAA status is not yet a strong attraction". "While the Riksbank expects a stronger SEK, a euro crisis would see SEK appreciation for the wrong reasons. Our short-term models have fair value in the 9.20-30 region for what it's worth (which is perhaps not so much right now)". 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.
