Thursday, 9 February 2023

Swedish Krona Bolts Higher, Norwegian Krone Follows. Where to for EUR/SEK and EUR/NOK?

The Swedish Krona rallied after the Riksbank raised rates and upped the ante on hawkish rhetoric that also gave the Norwegian Krone a boost. Will EUR/SEK continue lower?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...