Banks have been wrong for most of the past 10 years with their krona predictions as Sweden’s economy, often seen as a barometer for global trade, found itself battered by recessionary fears and tariff wars. The forecasters’ graveyard has led analysts to question the central bank’s credibility,left policy makers fuming about economic data and triggered a collapse in trading volumes.

It’s a microcosm for the global currency market over the past decade.