TD Securities analysis team points out that as per their expectations, the Riksbank turned dovish today, with a delay to their next rate hike to around the turn of next year and a slowdown in the pace of QE reinvestments through end-2020. Key Quotes “They also announced an end to coupon reinvestments. Their forecasts remain, in our view, over-optimistic, and we expect the next hike to come in February 2020, with a bias toward a later hike.” “The Economic Tendency Survey for April was also released this morning, and showed better-than-expected results, with outright improvements in the headline, Consumer Confidence, and Manufacturing Confidence components.” 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 USD/JPY: Unfazed by the DXY rally, trades in range below 112 ahead of US data FX Street 4 years TD Securities analysis team points out that as per their expectations, the Riksbank turned dovish today, with a delay to their next rate hike to around the turn of next year and a slowdown in the pace of QE reinvestments through end-2020. Key Quotes "They also announced an end to coupon reinvestments. Their forecasts remain, in our view, over-optimistic, and we expect the next hike to come in February 2020, with a bias toward a later hike." "The Economic Tendency Survey for April was also released this morning, and showed better-than-expected results, with outright improvements in the headline, Consumer Confidence,… 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.
