Free Trial

SEK was sold pre European Govies open

  • SEK lost 6 big starting at 06.00GMT, with EURSEK rallying from 10.2341 to the session high at 10.2972.
  • Similarly in USDSEK, with the pair jumping 7 big figures, form 9.0585 to the session high at 9.1258.
  • It is still not very clear from local Banks, on the exact driver.

Chart source: Bloomberg

To read the full story



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.