Sweden: Riksbank hikes policy rate by 100 basis points to 1.75% – by eren_fxstreet Sweden CentralBanks InterestRate
With the initial reaction, EUR/SEK fell to a fresh daily low of 10.7305 before recovering modestly. As of writing, the pair was trading at 10.7720, where it was down 0.15% on a daily basis."Forecast for policy rate is that it will continue to be raised in coming six months."
"Asset purchases will continue in accordance with decision in June but are expected to cease at end of year." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.