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USD/SEK forecast ahead of the Riksbank interest rate cut
Summary by Invezz
3 Articles
3 Articles
Time for a new interest rate announcement. Will there be a decrease, increase or neither? At 9.30 we will know.
·Stockholm, Sweden
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Far too cautious and a decision that could have major implications for the Swedish economy.
USD/SEK forecast ahead of the Riksbank interest rate cut
The USD/SEK exchange rate held steady near its highest level in over a year after the Federal Reserve decision. It was trading at 11.10 as traders wait for the last interest rate decision by Riksbank, the world’s oldest central bank. It has risen by 12.5% from its lowest level this year. Riksbank interest rate decision The USD/SEK pair has risen sharply in the past few weeks as the Riksbank has accelerated its interest rate cuts in a bid to salv…
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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