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home / news releases / UEUR - SEK/EUR: Strong Upside


UEUR - SEK/EUR: Strong Upside

Last month, I made the argument that the SEK/EUR could end up rising above the 0.095 level by the end of Q1 2020 if current growth trends continue.

My primary reason for making this argument was that the Swedish central bank (the Riksbank) had taken a contrarian approach to many other central banks around the world by raising interest rates - predicated on the argument that inflation rates are still expected to hit the 2% target without the need for further quantitative easing, and the growth in the listed real estate market should also raise

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Stock Information

Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480
Stock Symbol: UEUR
Market: NYSE

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