Goldman Sachs
Global FX Strategy 2026
LIVE10 January 2026USD bearish
Back to CurrenciesBullish
USD/SEK
Bullish SEK on regional growth recovery and fiscal stimulus benefits. Sweden's r
GS Forecast Path
Cross-Firm Forecast Comparison
Key Drivers
Riksbank easing benefits
Fiscal expansion
Regional growth
M&A flow support
All Firm Targets (Dec '26)
GSBullish8.90
JPMBullish8.83
BARCModerately Bullish8.80
MSBullish8.75
MUFGBullish8.70
BofABullish8.65
DBStrongly Bullish8.50
INGBullish8.44
Analysis Summary
Bullish SEK on regional growth recovery and fiscal stimulus benefits. Sweden's rate-sensitive economy stands to gain from Riksbank easing. Cross-border M&A flows turning supportive. EUR/SEK downside our preferred expression.