The EUR/SEK market is currently range-bound.
Recent developments suggest a couple of key drivers influencing this: the European Central Bank's balanced approach to interest rates helps keep the euro stable, while Sweden’s Riksbank maintains a cautious stance but expects growth to rise to 2.6% in 2026. Additionally, the eurozone's GDP growth projections are solid, supported by economic measures within the region.
The EUR/SEK exchange rate, currently around 10.80, is about 1.3% below its three-month average and has traded within a stable range. In the near term, prices are expected to remain within this established range as market conditions stabilize.
An upside risk could arise from improved economic indicators emerging from the eurozone, while a downside risk might be linked to shifts in global trade dynamics or escalating geopolitical tensions that could weigh on the euro.