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SEK: SEB Point To SEK Buying Needs vs USD In May Month-End

SEK
  • SEB's month-end rebalancing model notes that typical Swedish portfolio managers will need to buy SEK in May (0.3% share of portfolio, in line with the historical average).
  • They note that the most pronounced need will be to sell USDSEK, due to a significant need to sell USD (0.5% share of portfolio).
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  • SEB's month-end rebalancing model notes that typical Swedish portfolio managers will need to buy SEK in May (0.3% share of portfolio, in line with the historical average).
  • They note that the most pronounced need will be to sell USDSEK, due to a significant need to sell USD (0.5% share of portfolio).