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EUR/SEK is still facing upside pressure: Nordea

Quotes from Nordea Markets: -EUR/SEK is still facing upside pressure, as inflation expectations suggest the Riksbank may not be done just yet. The short-term support for EUR/SEK is around 9.47 - as long as the cross stay…

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Quotes from Nordea Markets:

-EUR/SEK is still facing upside pressure, as inflation expectations suggest the Riksbank may not be done just yet. The short-term support for EUR/SEK is around 9.47 - as long as the cross stays above this, the uptrend is intact.

-The Riksbank's minutes today may reveal some important details regarding the bank's intentions: more new measures discussed would be SEK-negative.

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