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Riksbank could remain on hold next week – TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    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”.
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