#EURSEK @ 10.8661 : Upside risks to 11.00 in the short-term, bearish scenario for 2023 – ING
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EUR/SEK is trading in the 10.85/10.90 range. Economists at ING expect the pair to remain elevated for the time being before moving back lower in the second half of 2023.
“We currently see some upside risks (to 11.00) for the EUR/SEK pair in the short term driven by a renewed deterioration in market sentiment, especially in Europe.”
“For 2023, we forecast a moderately bearish scenario for EUR/SEK, targeting 10.40/10.50 in the second half of next year.”
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