EUR/SEK: Krona to record further gains if Riksbank sounds determined to raise rate path further – Commerzbank

The Krona has recovered somewhat from its lows within the origin of June. Economists at Commerzbank focus on SEK’s outlook.

If Riksbank would no longer express, the SEK is inclined to ease again

In April the Riksbank had presented an further rate step for June or September. In my glimpse it is positive: it will ought to hike hobby rates in June and positively retain the door open for September and presumably beyond that. The rest would no longer be sufficiently restrictive in my glimpse and the market would react with SEK sales.

The Riksbank will ought to sound obvious on the live of June to enhance its key rate route further and look the terminal rate above 3.65%. If that is the case, the Krona would maintain of endeavor to file further beneficial properties. If Riksbank would no longer express though, the SEK is inclined to ease again.

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