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Sterling firms after 3-day slide against sagging dollar

Sterling firms after 3-day slide against sagging dollar By Medha Singh Nov 25 (Reuters) - Sterling was on track to snap a three-day losing streak on Monday, as the dollar's slide after the selection of fund manager Scott Bessent as U.S. Treasury Secretary lent support to most major currency pairs. The pound firmed 0.4% to $1.2579 after slumping to a six-month low of $1.2475 on Friday after disappointing British business output and retail sales data raised the prospect of more aggressive interest
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Stand-out FX option strike expiries this week

BUZZ-COMMENT-Stand-out FX option strike expiries this week Nov 25 (Reuters) - The cash hedging of soon-to-expire FX option strikes can bolster any nearby support and resistance levels, while potentially having a magnetic effect on FX price action towards each day's 10-am New York cut expiry. There are numerous strikes on Monday , although there are less overall this week due to the U.S.
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Swedish headline inflation 1.5% yr/yr in October

UPDATE 1-Swedish headline inflation 1.5% yr/yr in October Adds background from paragraph 3 STOCKHOLM, Nov 14 (Reuters) - Consumer prices in Sweden, measured with a fixed interest rate, rose 0.4% in October from the previous month and were up 1.5% from the same month last year, the statistics office (SCB) said on Thursday. The central bank targets 2% CPIF inflation.
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Swedish crown reversal signal blunted but still supportive

BUZZ-COMMENT-Swedish crown reversal signal blunted but still supportive Nov 13 (Reuters) - A bout of sideways price action for EUR/SEK has weakened the significance of the November 6 bearish engulfing candlestick but the signal received strong confirmation the following day and the trend reversal is still alive. Engulfing lines are a two-candle pattern where the second candle's real body (shaded area between the open and close) completely engulfs the previous session's real body.
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Swedish crown is a better bet as Riksbank goes for growth

BUZZ-COMMENT-Swedish crown is a better bet as Riksbank goes for growth Key developments technically, and a central bank setting monetary policy for growth, have put the Swedish crown in a better light. A widely expected 50-basis point rate cut from the Riksbank on Thursday gave every indication that rates will come lower still. A modest knee-jerk reaction in EUR/SEK saw the cross lift to 11.6600, but the rate cut was heavily priced into the market and the cross quickly resumed its fall.
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Swedish central bank trims rates by 50 basis points, sees more cuts ahead

UPDATE 3-Swedish Riksbank makes half point cut and sees more, but uncertainty high Policy rate cut to 2.75% from 3.25% Riksbank sees further cuts in December, H1 2025 Add central bank governor comment in paragraph 6, analyst comment in paragraphs 8-9 STOCKHOLM, Nov 7 (Reuters) - Sweden's central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said that it would carry on easing policy in the months ahead though uncertainty about developments was exceptionally high
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Sweden's crown could make a comeback this week

RPT-BUZZ-COMMENT-Sweden's crown could make a comeback this week Repeats with no chnages Nov 7 (Reuters) - A near six-percent depreciation in the Swedish crown since late September and fundamentally a negative backdrop will continue to sour sentiment but technically there is scope for EUR/SEK to come away from a developing top between 11.6500 and 11.6510. As the Riksbank shifts its attention away from inflation and focuses on the fragile Swedish economy a 50-basis interest rate cut is on the card
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Sweden's crown could make a comeback this week

BUZZ-COMMENT-Sweden's crown could make a comeback this week Nov 4 (Reuters) - A near six-percent depreciation in the Swedish crown since late September and fundamentally a negative backdrop will continue to sour sentiment but technically there is scope for EUR/SEK to come away from a developing top between 11.6500 and 11.6510. As the Riksbank shifts its attention away from inflation and focuses on the fragile Swedish economy a 50-basis interest rate cut is on the cards for this week's policy mee
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Headline Swedish inflation 1.1% yr/yr in Sept

UPDATE 1-Headline Swedish inflation 1.1% yr/yr in Sept Adds background STOCKHOLM, Oct 15 (Reuters) - Consumer prices in Sweden, measured with a fixed interest rate, rose 0.3 percent in September from the previous month and were up 1.1 percent from the same month last year, the statistics office (SCB) said on Tuesday. The central bank targets 2 percent CPIF inflation.
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Positive start to the week but EUR/SEK faces big hurdles

BUZZ-COMMENT-Positive start to the week but EUR/SEK faces big hurdles Oct 15 (Reuters) - Range trading has taken the wind out of the Swedish crown's sails and left it vulnerable to EUR/SEK rebounds but while big resistance levels are intact the EUR could struggle to make headway. EUR/SEK has been moving out sideways since the sharp rally from 11.2450, double day lows of Sept.
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Swedish flash consumer inflation eases to +1.1% in September

UPDATE 2-Swedish flash consumer inflation eases to +1.1% in September Adds currency in 4th paragraph, background in paragraphs 8-9 OSLO, Oct 7 (Reuters) - Swedish consumer prices, measured with a fixed interest rate (CPIF), rose 1.1% year-on-year in September, flash estimates released by Statistics Sweden showed on Tuesday . The flash estimate for September was down from a 1.2% final reading for August published last month .
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Swedish central bank's Jansson says main scenario is 25 bps cuts in Nov, Dec

UPDATE 1-Swedish central bank's Jansson says main scenario is 25 bps cuts in Nov, Dec Adds quotes in a paragraphs 3, 5, background and detail in paragraphs 2, 4 STOCKHOLM, Oct 3 (Reuters) - The main scenario for Swedish interest rates is for quarter point cuts in November and December, but in an uncertain situation there is a chance of a 50 basis point cut at one of those meetings, Riksbank Deputy Governor Per Jansson said on Thursday.
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SWEDISH C.BANK'S JANSSON:THE SITUATION IS SO UNCERTAIN THAT IT IS REASONABLE TO OPEN UP FOR A 50 BASIS POINT CUT

Swedish c.bank's Jansson says main scenario is quarter point cuts in Nov, Dec STOCKHOLM, Oct 3 (Reuters) - The main scenario for Swedish interest rates is for quarter point cuts in November and December, but in an uncertain situation there is a chance of a 50 basis point cut at one of those meetings, Riksbank Deputy Governor Per Jansson said on Thursday.
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It could be an interesting week for Sweden's crown

BUZZ-COMMENT-It could be an interesting week for Sweden's crown Sept 30 (Reuters) - It will be a light week on the data front, retail sales and PMI numbers, but the crown is on the offensive and the technical picture is providing some interest with key support levels in sight for EUR/SEK. With fundamental drivers likely to be balanced through October, the crown may well play out a steady sideways bias versus the euro.
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October set to be a steady month for the SEK

BUZZ-COMMENT-October set to be a steady month for the SEK Sept 26 (Reuters) - The main drivers for the Swedish crown through October are set to be more balanced and so the main bias versus the euro is likely to be sideways. The latest input from the Riksbank, a 25-basis point rate cut and lowering of the rate path, has been absorbed by the market.
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Swedish crown shows promising signs

BUZZ-COMMENT-Swedish crown shows promising signs Sept 25 (Reuters) - A knee-jerk reaction to today's Riksbank rate cut saw EUR/SEK rally to 11.3390 from 11.3030 but the subsequent pullback to 11.3060 bodes well for the SEK. The recovery, helped by positive investor sentiment and easier monetary policy at the European Central Bank and U.S. Federal Reserve, is holding despite the Riksbank's view that its easing cycle could accelerate.
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Size of looming Riksbank rate cut set to be a close call

RPT-BUZZ-COMMENT-Size of looming Riksbank rate cut set to be a close call Repeats with change to first line Sept 25 (Reuters) - The Swedish central bank meets today and is widely expected to deliver a 25-basis point rate cut. However, the arguments for a 50-basis point reduction could be stronger than many think. The Swedish domestic inflation and growth backdrop, coupled with falling interest rates abroad, make the case for a larger cut.
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Size of looming Riksbank rate cut set to be a close call

RPT-BUZZ-COMMENT-Size of looming Riksbank rate cut set to be a close call Repeats with change to first line Sept 25 (Reuters) - The Swedish central bank meets today and is widely expected to deliver a 25-basis point rate cut. However, the arguments for a 50-basis point reduction could be stronger than many think. The Swedish domestic inflation and growth backdrop, coupled with falling interest rates abroad, make the case for a larger cut.
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FX options wrap - Risk, EUR 1.10, GBP barrier, U.S. Election

BUZZ-FX options wrap - Risk, EUR 1.10, GBP barrier, U.S. Election FX option implied volatility is mostly heavy, especially with the latest China stimulus package supporting risk. The U.S. election is now only six weeks away, but dealers point out a lack of option end-user demand for FX volatility protection when compared with the same period before the 2020 election.
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Size of looming Riksbank rate cut set to be a close call

BUZZ-COMMENT-Size of looming Riksbank rate cut set to be a close call Sept 20 (Reuters) - The Swedish central bank meets next week and is widely expected to deliver a 25-basis point rate cut. However, the arguments for a 50-basis point reduction could be stronger than many think. The Swedish domestic inflation and growth backdrop, coupled with falling interest rates abroad, make the case for a larger cut.
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