SEK: Riksbank to keep its profile for a Q4-2018 hike - TDS

According to analysts at TD Securities, Scandies will come into focus this week, especially SEK.

Key Quotes

“We expect the Riksbank to keep its profile for a Q4-2018 hike, which should support the SEK despite the election later this week as market expectations are split.”

“We think there is room for this to be observed against the EUR as the common currency looks to be saddled with a re-emergence of Italian headline risk and a well advance bounce from the YTD lows.”