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Riksbank can cut rates further – M.Floden

FXStreet (Edinburgh) - Riskbank’s Deputy Governor Martin Floden has emphasized that the Nordic central bank could incur in further easing via rate cuts or expanding its current quantitative easing programme.

Floden’s comments came soon after inflation figures in the Swedish economy have surprised investors to the upside during September, taking SEK to fresh multi-month highs vs. the euro.

GBP: BoE rate hike to come in 1H16 – ING

James Knightley, Senior Economist at ING, suggests that market expectations for a BoE rate rise have been pushed back to 2017, but with core and service sector CPI moving higher and wages gaining real momentum we still believe 1H16 is more probable.
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EUR/USD clinches 1.14, focus on ZEW

The upbeat tone remains intact around the shared currency during the first half of the week, now lifting EUR/USD beyond the 1.1400 handle, or session peaks...
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