EUR/SEK still a ‘buy on dips’ – Danske Bank

Senior Analyst at Danske Bank Kristoffer Lomholt recommended buying the cross on occasional dips.

Key Quotes

“We stay negative on the krona and as such view corrections in EUR/SEK as a buy on dip opportunity”.

“Today, Ingves, who represents the majority,is likely to repeat the plan to hike this year, though with a standard data-will-decide reservation. His and Ohlsson’s comments could cause some volatility in EUR/SEK as could the production figures”.

“The next key date in Sweden will be 14 March, with inflation and housing data due for release”.