In the midst of the USD rally, the SEK is actually stronger against EUR compared to before the election. Riksbank decision today 9.30 CET

Trump has promised a lot of things; what can he actually do? 👇

New US Treasury Sec. Scott Bessent's "3-3-3 rule": - GDP growth 3% - Reduce budget deficit to -3% - Raise oil production by 3 million brls/day Trump's humongous tax cuts will boost growth but will increase the deficit (substantially), and oil production is already at ATH.

The SEK rally just touched its previous record. - EURSEK has closed lower in 13 of the last 15 days. - This has only happened six times earlier. - If EURSEK closes lower today, this will be the strongest 3-week trend EVER. - This should not be confused with a "strong" SEK🙃

This can't continue forever ofcourse. How does EURSEK usually perform after a rally like this? Somewhat surprisingly, SEK on average holds most of its ground in the two weeks after the trend has broken.

Aaand it's official. New trend record for the SEK

Countries voting *against* condemnation of Russian aggression against Ukraine: United States, and... Belarus Burkina Faso Burundi C.A.R. North Korea Equatorial Guinea Eritrea Haiti Hungary Isreal Mali Marhsall Islands Nicaragua Niger Palau Russia Sudan

The SEK just had its third strongest week against USD since at least 1970. Statistically, this is a once-in-a-generation event. Compared to the peak in January, USDSEK has declined by 115 figures (öre) to 10.10 this morning.

Paradigm shift

😶‍🌫️

I got animated. (For a reason.)