EUR/SEK TO PULL BACK TO THE 11.25 REGION ON A THREE-MONTH VIEW

21 Jul 2023, 01:34 · 阅读量 111

The SEK has been one of the better performing G10 currencies this month. Economists at Rabobank analyze Krona's outlook.

Many technical indicators suggest that the SEK is oversold

EUR/SEK is trading at levels well above long-term averages and many technical indicators suggest that the SEK is oversold.

On the assumption that news regarding the stresses faced by commercial property companies remains contained, we expected EUR/SEK to pull back to the 11.25 region on a three-month view.

See – EUR/SEK: Krona set to lose further ground in the coming days – Commerzbank

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EUR/SEK TO PULL BACK TO THE 11.25 REGION ON A THREE-MONTH VIEW – RABOBANK

Many technical indicators suggest that the SEK is oversold