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\n Share:<\/span><\/p>\n The Riksbank announced that it will be keeping the policy rate unchanged at 4.00%. Economists at ING still expect SEK strength next year, but a bumpier appreciation path after this meeting.<\/p>\n The Riksbank paused, but inflation and currency-related concerns prompted policymakers to threaten another hike and open the discussion on faster bond sales. However, we don\u2019t forecast any more hikes, given the deteriorating activity outlook.\u00a0<\/p>\n<\/blockquote>\n We have called for a correction in high-beta currencies after the post-US CPI rally, and we have a modest bullish bias on EUR\/SEK into year-end, where we could see a return of levels around 11.60.<\/p>\n<\/blockquote>\n Should our baseline scenario of a benign USD decline and generalised support for pro-cyclical currencies materialise next year, then EUR\/SEK should be able to hit 11.00 before year-end 2024.<\/p>\n<\/blockquote>\n Where November\u2019s Riksbank decision may end up having an impact on the SEK outlook is in the periods of risk-off corrections. The change in stance by the Riksbank makes SEK more vulnerable, especially in the near term, meaning the depreciation path may be bumpier.<\/p>\n<\/blockquote>\n \u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Share: The Riksbank announced that it will be keeping the policy rate unchanged at 4.00%. Economists at ING still expect SEK strength next year, but a bumpier appreciation path after this meeting. EUR\/SEK forecasts unchanged The Riksbank paused, but inflation and currency-related concerns prompted policymakers to threaten another hike and open the discussion on faster […]<\/p>\n","protected":false},"author":2,"featured_media":115441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,1907,255,250,252,247,253,2367,249,256,254],"class_list":["post-199898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-eursek","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-riksbank","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=199898"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199898\/revisions"}],"predecessor-version":[{"id":199899,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199898\/revisions\/199899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/115441"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=199898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=199898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=199898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}EUR\/SEK forecasts unchanged<\/h2>\n
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