The Riksbank is not helping the Swedish krona. EUR/SEK broke the April highs
EUR/SEK broke its April highs and it's not just a matter of risk sentiment. Riksbank backlash and lower-than-expected inflation figures leave the crown without a solid [...]
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January 11 2023
The market reacted positively to Powell's lack of specifics
Markets were somewhat relieved that Fed Chairman Jerome Powell refrained from commenting on the interest rate outlook in yesterday's speech to the Swedish Riksbank. He could have played [...]
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20 Września 2022
Riksbank's decision will support the Swedish crown?
The EUR / SEK exchange rate has been steadily climbing since September 12, when it completed the downward correction. Yesterday the pair rose to 10,8249, breaking the highs from the beginning of July (10,8097) and tested the highest levels since the beginning of March [...]
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April 28 2022
A surprising move by the Bank of Sweden. The crown gains
The Bank of Sweden (Riksbank) raised the reference rate today from 0 to 0,25 percent. and signaled the possibility of further increases later in the year. The bank's management board also decided to immediately stop buying bills [...]