EWD - EWD Swedish Krona Outlook Bearish As European Growth Slows And Debt Risks Rise
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Despite the recent improvement in sentiment, the outlook for the Swedish Krona (SEK) and OMX S30-tracking EWD index remains bearish for 2020. Year-to-date, SEK is the worst-performing G10 currency, and while local equity markets have offered generous returns, Sweden's financial system is growing increasingly fragile. Policymakers are growing increasingly