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SocGen Comments on Sterling, Sweden's Krona
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SocGen Comments on Sterling, Sweden's Krona
Aug 27, 2025 6:36 AM

09:15 AM EDT, 08/27/2025 (MT Newswires) -- Societe Generale said it has even been asked if sterling (GBP) is now a more attractive long against the US dollar (USD) than the euro (EUR) is, but the bank noted that it rather sees this as a potential opportunity to sell GBP at better levels.

An EUR/GBP break below 0.86 for the first time since late June would be hard to resist, wrote the bank in a note to clients.

The Swedish krona (SEK)has been this month's top G10 currency, flying slightly under the radar. stated SocGen. The Jackson Hole vol spike didn't hurt SEK and if there isn't too much volatility on United States data, a return to 10.80 is plausible in the coming weeks.

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