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Ahead of today's Riksbank decision SEB.....>

EURO-SEK
EURO-SEK: Ahead of today's Riksbank decision SEB write "EUR/SEK is slightly
overbought according to our short-term fair value model which estimates a daily
fair valued based on EUR/SEK's recent relationship with its rate spread, equity
ratio and market risk appetite. This is even clearer if EUR/SEK is compared only
with its main driver i.e. its rate spread. This also shows that most pain is on
the downside i.e. a hawkish decision."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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