Riksbank expected to remain on hold – Danske Bank

quo at this week’s meeting.

Key Quotes

“An important week for the SEK with several important events piling up on Wednesday in particular and of which the most important of them all is the Riksbank’s rate decision”.

“We expect the Riksbank to maintain its stance from December which means signalling a first hike in Q3. In addition, we get value guard housing data and Prospera that same morning”.

“EUR/SEK is opening the week close to our 9.90 near-term target, and we see two-sided risks to the cross in relation to Wednesday’s event”.