EUR/SEK working its way towards our long-term target at 8.40 (a bit faster than anticipated)
New repo path shows a 30% probability for a cut in September. This is based on international/ European developments as the domestic growth and labour market forecasts are raised slightly. Riksbank still forecasts a stronger SEK: TCW at 118 in 2013 (next slide). This year they now expect a flat TCW around current levels (121).
Click here to read the full report: FX Research
SEB