SEK: Riksbank to maintain policy rate – BBH

FXStreet Insights Team FXStreet

The report from Brown Brothers Harriman (BBH) indicates that the Riksbank is expected to keep its policy rate unchanged at 1.75% for a third consecutive meeting. The report suggests that the Riksbank's guidance indicates the policy rate will remain at this level for some time. The USD/SEK is trading near a four-year low after breaking through significant support.

Riksbank policy outlook

"The Riksbank is widely expected to leave the policy rate unchanged at 1.75% for a third straight meeting and reiterate that 'the policy rate is expected to remain at this level for some time to come.'"

"Next USD/SEK support is offered around 8.9000."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

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FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

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