BREAKING: USDSEK dip 0.15% on above-estimates GDP data in Sweden 🇸🇪

Key takeaways

Swedish GDP increaed more than expected both in YoY and QoQ terms in Q3.
Krona strengthens on broad FX market.

USD/SEK

Forex

Key takeaways

Swedish GDP increaed more than expected both in YoY and QoQ terms in Q3.
Krona strengthens on broad FX market.

08:00 BST, Sweden - Gross Domestic Product in Q3 (YoY):

Actual: +2.4%
Forecast: +1.6%
Previously: 1.4%

The higher-than-expected reading should support a pause in Riksbanks easing cycle, especially given the unexpected rate cate from 2% to 1,75% in September.

Source: xStation5

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BREAKING: USDSEK dip 0.15% on above-estimates GDP data in Sweden 🇸🇪

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