Tactical short EUR/SEK into Riksbank – Nomura

Analysts at Nomura expect the Riksbank to keep rates unchanged at this week’s meeting, with the repo rate path still signalling hikes in Q4 2018.

Key Quotes

“Because of the market’s current pessimistic pricing of Riksbank tightening, the risks are skewed towards a positive SEK surprise.”

“We enter a short EUR/SEK position via a 10.55/10.45 put spread expiring Friday.”

“Tail risks come from the Swedish Democrats, but ultimately we do not expect political risk to be a medium-term SEK driver.”

                         start Trading with Free $30    : CLAIM NOW $30

VERIFY YOUR ACCOUNT AND GET YOUR $30 INSTANTLY ,MAKE MONEY WITHDRAW !!

               IT IS POSSIBLE TO SHIFT FROM $30  TO  $1,000,000  TRY  TODAY

IF  YOU  FACE  ANY  PROBLEM  TO  GET  THIS  OFFER  PLEASE CONTACT                                                                   US FOR

SUPPORT ,  CLICK  SMS  BAR  ABOVE  THEN  TALK  TO  US.