Swedish central banker channeling ECB?

Riksbank head Ingves says that zero interest rates is not a precondition for either quantitative or credit ease. This may also reflect the leanings of the ECB.

The ECB has repeatedly expressed a distaste for the notion of Zero interest rates so a move to 1% on Thursday may be the last cut in official rates before the ECB embarks on QE.

EUR/USD is consolidating gains as risk aversion recedes following yesterday’s uptick.