Quotes from Societe Generale Cross Asset Research:
-EUR/SEK has slipped back to 9.50 from the 9.6867 high of two weeks ago, but buyers could step back into the fold today depending on what the minutes of the last Riksbank meeting tells us about the vote in support of the repo rate cut to -0.10% and the launch of QE.
-Hints about further easing or balance-sheet expansion may indeed reignite selling pressure on the SEK. For USD/SEK, a rebound over 8.46 may clear the path for a return above 8.50. The SEK is one of only two currencies to have depreciated this year against the EUR (-0.79% YTD), along with the CAD (-1.86%).
