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Central Bank Focus

Tactical SEK Bearishness Backed By Dovish Riksbank

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Sweden’s economic fragility and disinflation support further easing, reinforcing our long SEK rates and NOK/SEK trades. The Riksbank cut rates by 25 bps to 2.0% and projected an additional cut, consistent with prior OIS pricing. Forecasts for both headline…

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