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Daily outlook for SEK: Nordea

Quotes from Nordea Markets: -SEK is still struggling as the Riksbank's easing expectations linger. The Riksbank's minutes do matter for the SEK this week - any indications of the lower bound being lower or other easing t…

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Quotes from Nordea Markets:

-SEK is still struggling as the Riksbank's easing expectations linger. The Riksbank's minutes do matter for the SEK this week - any indications of the lower bound being lower or other easing tools would hurt.

-That said, sentiment is quite extreme and the market is positioned for more (December 2015 RIBA futures rate at -0.18% vs Riksbank rate at -0.10%), and thus the risks of a downward move are high.

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