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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSEK Firms as FX Hedging Program Confirms No EUR Sold
- The Riksbank confirm the details of their FX hedging program flows, with USD 390mln sold in the first week, but no EUR sold across their forex reserves.
- EUR/SEK slips slightly lower on those FX sales headlines, with EUR/SEK touching pullback lows of 11.5244 before stabilising.
- USD/SEK moves similarly, printing 10.9154, but steering clear of yesterday's lows.
- EUR/SEK support undercuts at 11.5172 ahead of the 200-dma of 11.4914.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.