Mats Hydén, analyst at Nordea Markets, notes that the Riksbank left the repo rate unchanged at -0.25% in its just concluded meeting. Key Quotes “The rate path was revised downward, but rate hike by end of year still in play. More hawkish than we expected.” “The rate path was revised downward, but rate hike by end of year still in play. This is more hawkish than we expected, despite the massive flattening of the path.” “Probability of rate hike in October has been reduced while probability for hike in December and February has been increased. Total probability for Oct-Feb hike unchanged.” “Our call for a rate cut in December obviously now stands out as less likely. However, we still think Riksbank is too optimistic on growth and inflation and that it will have to re-think down the road. Still, today’s announcement much more hawkish than we expected.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Monero price analysis: XMR/USD slips below $76.00, retains bullish bias FX Street 4 years Mats Hydén, analyst at Nordea Markets, notes that the Riksbank left the repo rate unchanged at -0.25% in its just concluded meeting. Key Quotes "The rate path was revised downward, but rate hike by end of year still in play. More hawkish than we expected." "The rate path was revised downward, but rate hike by end of year still in play. This is more hawkish than we expected, despite the massive flattening of the path." "Probability of rate hike in October has been reduced while probability for hike in December and February has been increased. Total probability for Oct-Feb hike… 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.
