CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: EURSEK little changed as Riksbank meets expectations

08:33 24 November 2022

Riksbank announced its monetary policy decision today at 8:30 am GMT. The Swedish central bank was expected to deliver a 75 basis point rate hike, to 2.50%. Those expectations were met with Riksbank deciding on the second 75 bp increment in a row. EURSEK dipped below 50% retracement in a knee-jerk move but has quickly recovered and is now trading little changed compared to pre-announcement levels. As such, trading range marked with a 38.2% retracement at the topside and a 50% retracement at the downside was upheld.

Source: xStation5

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