ridethepig

Adding more SEK to our portfolio

Short
FOREXCOM:EURSEK   Euro / Swedish Krona
=> After Sunday's election resulting in political deadlock we are set for another circus of government building.
=> Here we are expecting politics to open up an extended period of narrative for SEK where the path to normalisation (hikes expected to begin in December) will take centre stage.
=> With the focus shifting towards Riksbank and the economic expectations we are targeting a test of the 10.25xx
=> As most of you already know we are now overweight SEK in our portfolio with USDSEK and NOKSEK positions already running in profit since last week.
=> Good luck all here

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