1618 GMT - The New Zealand dollar could recover against the Swedish krona as the Reserve Bank of New Zealand is likely to raise interest rates more than Sweden's Riksbank this year, HSBC analysts say in a note. HSBC expects the RBNZ to deliver two 25 basis-point rate rises in the second half of 2026 versus one rate rise for the Riksbank. Moreover, the bank questions whether the krona can continue rising at such a strong pace. The New Zealand dollar by contrast "has recently lagged in the G-10 space" despite recent strong data, such as third quarter GDP. The New Zealand dollar rises to a 3-week high of 5.3420 Swedish kronor, LSEG data show. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
January 19, 2026 11:18 ET (16:18 GMT)
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