Riksbank expected to remain ‘on-hold’ next week – TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Strategists at TD Securities expect the Riksbank to refrain from loosing further its monetary conditions at its meeting on February 11.

    Key Quotes

    “The Riksbank meets, and we expect no change in policy”.

    “But the decision is finely balanced. From an economic perspective, the Swedish economy is doing just fine”.

    “But the Riksbank is worried about SEK, and given its track record of easing when not required, we see significant risks that they cut the repo rate by a further 10bps”.
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