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23 Oct 2015
Riksbank could remain on hold next week – TDS
FXStreet (Edinburgh) - In the view of strategists at TD Securities, the Riksbank could refrain from easing at its next week’s meeting.
Key Quotes
“Risks of further Riksbank easing have risen with Draghi’s recent openness to more ECB stimulus”.
“However, we don’t think they’ll act this week, opting to keep things on hold but repeating recent statements that they remain ready to act if necessary”.
“EURSEK has moved away from the possible trigger-point of 9.20, taking some additional pressure off the Executive Board for now”.
Key Quotes
“Risks of further Riksbank easing have risen with Draghi’s recent openness to more ECB stimulus”.
“However, we don’t think they’ll act this week, opting to keep things on hold but repeating recent statements that they remain ready to act if necessary”.
“EURSEK has moved away from the possible trigger-point of 9.20, taking some additional pressure off the Executive Board for now”.