Negative interest rates are in abundance now, with new central banks adding them. What is the exception? Here is the answer from Deutsche Bank: Here is their view, courtesy of eFXnews: Central banks’ experiment with negative interest rates continues apace this year, with the BoJ the latest to have dipped a toe in the water and the ECB edging further towards the deep end last month. As the charts below show, the challenge for most policymakers is getting unconventional monetary policy to help economies escape from a liquidity trap, with record low interest rates failing to generate much in the way of inflation or growth. There is one exception, however. Can you guess which it is? (hint: Sweden) The problem for the Riksbank is surely that if inflation maintains its current steady upward trajectory they may be faced with a major communication challenge in having to re-price the market later this year. The latter is currently pricing negative rates until 2018, yet the output gap may have completely closed and a sharp rally in oil could quickly see CPIF, the inflation measure the Board increasingly talk about, above target. Inflation numbers, like tomorrow’s, should continue to be watched closely. Stay long SEK. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next Risk on Tuesday – Live Market Open from 7:00 GMT Yohay Elam 7 years Negative interest rates are in abundance now, with new central banks adding them. What is the exception? Here is the answer from Deutsche Bank: Here is their view, courtesy of eFXnews: Central banks' experiment with negative interest rates continues apace this year, with the BoJ the latest to have dipped a toe in the water and the ECB edging further towards the deep end last month. As the charts below show, the challenge for most policymakers is getting unconventional monetary policy to help economies escape from a liquidity trap, with record low interest rates failing to generate much in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.