Category: EURSEK
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Bullish euro momentum, buy EUR/SEK
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Investing.com – The euro is enjoying bullish momentum at the moment, according to Bank of America Securities, and this looks likely to continue. The sell-off in the US dollar was undoubtedly the focal point of the foreign exchange market in August, while investors may not have sufficiently appreciated the broad…
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UBS raises EURSEK targets, cites Riksbank cut and inflation By Investing.com
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On Monday, UBS revised its stance on the Swedish Krona (SEK), adopting a moderately bearish outlook following the Riksbank’s recent decision to cut interest rates. The bank has revised its forecast for the exchange rate, and now expects it to reach 11.80 by the end of the second quarter, 11.90…