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SEK remains on the defensive following.....>

EURO-SEK
EURO-SEK: SEK remains on the defensive following this morning's miss on CPI data
and less hawkish minutes which highlighted the fragmentation of views on the
Executive Board but on balance pushed back against the downward shift in market
rate expectations ahead of the meeting. (Please see MNI Analysis 5 Things email
for the full report - 1007BST.) EURSEK holds near the peak of its
Sek10.2664-10.3512 range with next resistance at Sek10.3750 (61.8%
Sek10.4749-10.2133). Last Sek10.3337.  

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