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Remains underpinned against G10

SEK
  • The SEK is mostly in the green against G10s, besides against the NZD, NOK, and AUD.
  • Market participants have continued to fade the EURSEK, after it traded to its highest level since 2009 on Monday.
  • Yesterday's low at 11.2927 has held for now, printed a 11.3102 low so far today.
  • Main focus is on the Riksbank rate decision at 08.30GMT, when a 50bps hike to 3% will be expected.

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