EUR/SEK to hover around 11.00 before rising toward 11.40 in the long run – Danske Bank

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EUR/SEK to hover around 11.00 before rising toward 11.40 in the long run – Danske Bank
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EUR/SEK to hover around 11.00 before rising toward 11.40 in the long run – Danske Bank EURSEK Banks Riksbank ECB

Economists at Danske Bank continue to expect the SEK to struggle over the medium-term horizon on the back of a relatively worse

“Short term, we don’t see the dividend season as a hinder for EUR/SEK to drop towards our 11.00 target. However, relative fundamentals still suggest a weaker SEK in the medium term.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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