0749 GMT - The Swedish krona is expected to be driven by Middle East developments and oil price moves and is unlikely to react much to a Riksbank decision at 0830 GMT, Danske Bank analysts say in a note. Sweden's central bank is expected to keep interest rates on hold at 1.75%, pursuing a strategy of waiting to see how the Middle East war unfolds, they say. The Riksbank will present new forecasts amid the current uncertainty, where it will likely provide alternative scenarios, the analysts say. "A wait-and-see approach will not rock the boat for the Swedish krona in an environment where macro factors are taking the backseat and geopolitical developments set the scene." The euro is last down 0.1% at 10.7783 kronor. (jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 03:49 ET (07:49 GMT)
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