If the Riksbank does not appear to be sufficiently restrictive, the breach of 12 in EURSEK at 11.8847 will only be a matter of formality, according to Commerzbank.

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EURSEK Chart by TradingView

EUR/SEK has almost reached the 12 mark. Antje Praefcke, FX Analyst at Commerzbank, analyzes Krona’s outlook ahead of Thursday’s Riksbank meeting.

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