• EUR/SEK: A recovery for the Krona seems unlikely in the near term – ING

Noticias del mercado

7 junio 2023

EUR/SEK: A recovery for the Krona seems unlikely in the near term – ING

Pressure on swedish Krona has resumed. Economists at ING analyze EUR/SEK outlook.

Hard to pick a top for the EUR/SEK pair in the near term

The lack of any support from the Riksbank is making it hard to pick a top for the EUR/SEK pair in the near term.

The financially-distressed Swedish landlord SBB is reportedly denying rumours about discounted sales of its business units, but a default warning from creditors has emerged and the centrality of the firm in the Swedish real estate space means more risk premium (related to a property market collapse) could be priced into SEK now. 

A recovery for the Krona seems unlikely in the near term.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: