The outlook for Sweden’s krona seems to be improving after recent comments by central bankers provided ammunition to currency bulls.
UniCredit SpA recommended buying the krona against a basket of the euro and dollar after Riksbank Governor Stefan Ingves said Wednesday that the central bank is now on target with inflation. His comments are likely to act as a catalyst for further krona strengthening, strategists Kathrin Goretzki and Roberto Mialich wrote in a note.