SEK: Too much unjustified weakness - ING

Sandeep Kanihama FXStreet Contributor

Analysts at ING are looking for EUR/SEK to move back below the 9.6000 level this week as some of the last week’s sell-off should prove temporary.

Key Quotes

“We don’t see the extension of the current Governor Ingves’ term as a game-changer for SEK as we always expected the Riksbank to closely watch the ECB policy moves and remain focused on the currency.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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