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Next stop on the calendar sees Swedish......>

SCANDIS
SCANDIS: Next stop on the calendar sees Swedish Economic Tendency Survey at the
top of the hour. {no} Norwegian Unemployment Rate AKU earlier today had very
little impact on the NOK.
EURSDEK is within range as we start our London session. and it will be
interesting to see if the currency react as much on a Beat or Miss (I don't rule
algos getting involved), since we have the ECB today. Most Scandy desk are
focused on the ECB's next potential move. A really Dovish ECB will likely change
the Rate outlook for the Swedes near term.
Looking at the chart, the double bottom at 10.49/10.48 immediate support will be
of interest, with break suggesting extensions towards 10.39. Regardless, EURSEK
should stay limited at least for today.
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