- EUR/SEK: A recovery for the Krona seems unlikely in the near term – ING
Notícias do Mercado
7 junho 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.
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