Expect further SEK weakness – Danske Bank

FXStreet (Edinburgh) - In the view of Analyst Jens Perdersen at Danske Bank, the Swedish krona would continue to trade on the soft side.

Key Quotes

“We see downside risks in Sweden and after the weak GDP numbers on Friday we continue to expect the SEK to be under pressure over the summer, especially as Sweden is one of the countries - given the low rate of inflation - where the market can still price in further easing”.