10 Apr 2014
SEK expected to underperform - BTMU
FXStreet (Barcelona) - Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ, sees the Swedish krona to remain on the weak side.
Key Quotes
"The Swedish krona is expected to remain one of the weakest performing G10 currencies in the near-term following the signal yesterday from the Riksbank that there is a higher risk of a rate cut in the near-term".
"The release today of the Swedish inflation report for March is expected to reveal that inflation pressures remain very subdued with the annual core rate expected to decline to just 0.3%."
Key Quotes
"The Swedish krona is expected to remain one of the weakest performing G10 currencies in the near-term following the signal yesterday from the Riksbank that there is a higher risk of a rate cut in the near-term".
"The release today of the Swedish inflation report for March is expected to reveal that inflation pressures remain very subdued with the annual core rate expected to decline to just 0.3%."