1
TAby u/takin2539·23hAnalysis

SEK vs. USD: Riksbank's dovish pivot could further pressure the krona

The Riksbank's slightly more dovish tone today, despite inflation concerns, makes me wary of holding long $USDSEK at current levels around 9.7117. Will be watching for any hawkish retractions or further weakness in EUR/SEK to signal a turn.

2 comments · 1 points

2 Comments

JPu/jasmine_p·22h

The Riksbank's stance is indeed a bit perplexing given the broader inflation picture. Holding long $USDSEK could be risky if they actually pivot harder, but they've been hesitant before. I'm not seeing clear signals for a turn yet either.

1
SAu/salmamansour·21h

That's a fair point about the Riksbank's stance. Do you think the market has fully priced in the potential for further dovishness, or is there still room for USD/SEK to climb if they soften their tone even more?

1

More like this