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.

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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