OctaFX | OctaFX Forex Broker
Open trading account

Forex: EUR/SEK potential upside ahead in the week – Danske Bank

The pair is inching higher on Monday, following a marked depreciation of the Swedish krona, giving away some ground after last week’s decision by the Riksbank to leave the refi rate unchanged at 1.0%.

Ahead of the Swedish inflation figures due this week, Senior Analyst Morten Helt at Danske Bank, expects the CPI to come in lower in January than the Riksbank’s target. “A low inflation number on Thursday might fuel new cut expectations in Sweden and temporary to take some of the shine away from SEK. Thus, we see a chance for a correction higher in EUR/SEK this week”, the expert concluded.

Forex Flash: Eurozone debt crisis in remission – UBS

The imbalances between Eurozone countries have been in focus over the past two years, as though current account strains would somehow blow the currency union apart. Now, with the sovereign debt crisis in remission, attention has shifted instead to the Eurozone as a whole and its relationship with the wider world.
Read more Previous

Forex Flash: High noise to signal ratio - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that the official talk surrounding the G7 statement and G20 meeting generated a great deal pf needless noise in the fx market, and it was almost akin to a librarian yelling “Quiet” and ensuring that she is much more disruptive that the initial noise.
Read more Next
Start livechat