The Swedish Krona has been a big outlier since the start of the week. Economists at ING analyze SEK’s outlook. Riksbank propping Krona? We saw two sha
The Swedish Krona has been a big outlier since the start of the week. Economists at ING analyze SEK’sWe saw two sharp drops in USD/SEK and EUR/SEK in the past two sessions shortly after 09:00 GMT in Monday’s and Tuesday’s sessions. We’ll be on the lookout today for a similar move around that time today, as that may be a signal that the Riksbank is conducting its daily sales operations around that morning timeslot.
We still point at some upside risks in the near term for USD/SEK and EUR/SEK, especially once markets adjust to the Riksbank being present in the FX market, although now there is definitely value in holding SEK against other high beta pro-cyclical currencies like NOK.Information on these pages contains forward-looking statements that involve risks and uncertainties.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD: Upside potential near-termAnalysts at Danske Bank maintain their strategic case for a lower EUR/USD pair based on relative terms of trade, real rates and relative unit labour c
Read more »
Ride passengers rescued after dangling upside down, 75 feet up, for half an hourThe oscillating Lumberjack ride at Canada's Wonderland theme park stopped suddenly, in mid-air, on Sunday. Videos posted to social media captured the sounds of passengers crying for help.
Read more »
Buy this luxury stock with more than 20% upside, Bank of America saysThis recently underperforming stock has an impressive growth story within the luxury sector, according to Bank of America.
Read more »
Ride passengers left upside down for 30 minutes after theme park malfunctionTheme park guests were left hanging around — some with tears streaming down their faces — after an upside-down ride became stuck for nearly half an hour on Saturday.
Read more »
Amusement park guests left 75 feet upside down for nearly 30 minutes on 'Lumberjack' rideGuests at Canada's Wonderland amusement park on Saturday were left upside down on a ride for almost 30 minutes, according to a park spokesperson.
Read more »