OctaFX | OctaFX Forex Broker
Open trading account
Back

Riksbank remains ready to act – Skingsley

FXStreet (Edinburgh) - At her speech today, Riksbank Deputy Gorvernor C.Skingsley has emphasized the key role of the Swedish krona regarding inflation forecasts, while she also reiterated that the Nordic central bank is ready to act if needed.

SEK has depreciated to levels above the 9.30 handle vs. the euro following Skingsley’s comments. In the meantime, the cross remains in the area of 4-month lows around 9.30, leaving the door open for the Riksbank to act if SEK continues to gather traction.

BOE rate decision and minutes preview: What to expect in GBP/USD?

The GBP/USD has taken out the weak resistance of the 200-DMA at 1.5318 earlier today to trade around 1.5340 ahead of the Bank of England rate decision and minutes release.
Read more Previous

BoE to maintain status quo – Danske Bank

Research Team at Danske Bank, expect the Bank of England to maintain its status quo and keep the Bank Rate unchanged at 0.50% when they meet today for policy decision.
Read more Next
Start livechat