Economists at Wells Fargo discuss the outlook of a range of currencies such as SEK, CHF and AUD. The Krona is likely to soften The Krona is likely to
The Krona is likely to soften, given a particularly weak Swedish economy, while the Swiss Franc should also soften, given a probable end to Swiss monetary tightening.
The Australian Dollar also appears likely to decline as a subpar Chinese economy continues to weigh on Australian economic prospects, and as we see, the Reserve Bank of Australia is likely to hold interest rates steady at upcoming meetings.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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