FXStreet (Edinburgh) – According to the think tank, FX interventions in SEK by the Nordic central bank could be hard to justify.
The FMI also argued that the Riksbank should be ready to act if the situation requires it, while it has also emphasized the strong growth of the Swedish economy.
EUR/SEK is tanking below the 9.4500 handle following the comments, reverting most of yesterday’s gains.
(Market News Provided by FXstreet)