Swedish interest rates unchanged as expected 15 Feb
- executive board also taken a decision to extend mandate that facilitates a quick intervention in FX market
- still a greater probability that rate will be cut rather than hiked
- political uncertainty abroad is enhancing need for mon pol to remain expansionary
BOE, others, may well be taking note of that last view too.
Full statement here
USDSEK spikes higher on the repeated dovish tones. EURSEK also rallied but retreating as I type.
