Mats Hydén, analyst at Nordea Markets, notes that the Riksbank left its repo rate unchanged at -0.25%, while making no changes to its repo rate path. Key Quotes “GDP growth for 2019 was revised down to 1,3% (from 1,5%). Apart from that no major downward revisions to Swedish economy.” “The mandate to intervene in the currency was not renewed. This is slightly EURSEK bearish near-term.” “No new comments on the asset portfolio. We expect the Riksbank to deliver new information regarding its bond buying at the April meeting.” “All-in-all, a “wait-and-see” announcement much inline with our expectation. Market reactions should be limited in rates while a decrease in EURSEK is reasonable as the FX intervention mandate was not renewed. The effect should be temporary.” 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 IEA monthly oil market report: US sanctions on Venezuela may create problems for crude quality, not quantity FX Street 3 years Mats Hydén, analyst at Nordea Markets, notes that the Riksbank left its repo rate unchanged at -0.25%, while making no changes to its repo rate path. Key Quotes "GDP growth for 2019 was revised down to 1,3% (from 1,5%). Apart from that no major downward revisions to Swedish economy." "The mandate to intervene in the currency was not renewed. This is slightly EURSEK bearish near-term." "No new comments on the asset portfolio. We expect the Riksbank to deliver new information regarding its bond buying at the April meeting." "All-in-all, a "wait-and-see" announcement much inline with our expectation. Market reactions should… 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.
