ECB's meeting this week brings in wide expectations on a rate cut and extension of its QE programme, which will ultimately effect smaller European currencies like the SEK, NOK and CHF.
"In Sweden, we continue to think that imminent ECB easing will likely cause the Riksbank to cut its repo rate by 10bp, with risks for a deeper cut should the ECB exceed market expectations", says Barclays in a research note.
The market expectations on the Riksbank's December meeting have moved appropriately, however there are near term upside risks to EUR/SEK. Despite the Riksbank's reactivity, a solid domestic outlook is likely.


BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns




