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Swedish approach with its coronavirus management

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FX:EURSEK   Euro / Swedish Krona
Compared to other currencies in the region, the Swedish krona has had more chances against the euro in the previous sessions. However, the tides are somehow shifting, and the common currency is expected to redeem itself against Swedish krona . The strength of the single currency is mainly to the risk appetite reignited by the recent progress made by Washington and Beijing. Meanwhile, it’s widely known that Sweden took a rather different approach with its coronavirus management, a move that was criticized by most experts around the globe. But just recently, it was reported that Sweden’s coronavirus strategist was fired from his post after emails were leaked to the public. Reports said that the messages show that the country’s chief epidemiologist appeared to ask questions whether a higher death rate among the older people might be acceptable if it would help the country achieve herd immunity, the news sparked outrage among the people.

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