Category: Riksbank
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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…