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- EUR/SEK to pull back to the 11.25 region on a three-month view – Rabobank
EUR/SEK to pull back to the 11.25 region on a three-month view – Rabobank
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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