SEK is still trading at levels that remain too low – Commerzbank EURSEK Riksbank Sweden Banks
“In my view SEK is still trading at levels that remain too low, as the Riksbank took a hawkish decision in February. Everything all told it proved that it is decisive in its fight against inflation.”
“I do not want to exclude that in case of further SEK weakness the Riksbank might adopt a tougher tone regarding the exchange rate or even intervene on the FX market. I for my case would not be surprised in case of interventions. Many others might be.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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