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The calendar is light today

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers The calendar is light today, so financial markets will look to Sweden, where the Riksbank will announce its decision on monetary policy at 9:30 CET. We expect a repo rate cut of at least 10bp to 0.45% or lower. With regard to the Riksbank’s forecasts, we believe the main change will be in the inflation outlook, which could be revised downward by up to 0.5pp. Should the Riksbank make such a large revision, there is a chance of an even bigger cut or other policy measures. Federal

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