SEK: Riksbank to maintain policy rate – BBH

The report from Brown Brothers Harriman (BBH) indicates that the Riksbank is expected to keep its policy rate unchanged at 1.75% for a third consecutive meeting. The report suggests that the Riksbank's guidance indicates the policy rate will remain at this level for some time. The USD/SEK is trading near a four-year low after breaking through significant support.

Riksbank policy outlook

"The Riksbank is widely expected to leave the policy rate unchanged at 1.75% for a third straight meeting and reiterate that 'the policy rate is expected to remain at this level for some time to come.'"

"Next USD/SEK support is offered around 8.9000."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)