EUR/SEK remains a ‘buy on dips’ – Danske Bank

Arne Rasmussen, Chief Analyst at Danske Bank, remains of the view that the Krone faces further depreciation in the next periods.

Key Quotes

“In terms of the SEK, it is all about next week’s Riksbank meeting”.

“We have seen EUR/SEK come a little lower as expected, but we sense a large share of the market participants do not want to put on new positions ahead of next Thursday”.

“Our bias towards EUR/SEK remains that of a ‘buy-on-dips’.