Commenting on today’s inflation report, which showed that the annual Consumer Price Index stayed unchanged at 1.6% in October, Deputy Governor of the Riksbank, Martin Floden, said inflation reading was in line with their forecasts. “Impossible to say that the November inflation figure will be decisive, it is always a question of weighing in a range of factors,” Floden explained regarding the impact of inflation on the bank’s rate decision. “There are not any upside risks for inflation at all.” Floden further added that he had nothing against inflation rising above the 2% target. These comments seem to be weighing on the SEK. As of writing, the EUR/SEK pair was trading at its highest level since November 1st at 10.7365, adding 0.35% on a daily basis. 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 China will lower the capital ratio requirements for some infrastructure projects FX Street 3 years Commenting on today's inflation report, which showed that the annual Consumer Price Index stayed unchanged at 1.6% in October, Deputy Governor of the Riksbank, Martin Floden, said inflation reading was in line with their forecasts. "Impossible to say that the November inflation figure will be decisive, it is always a question of weighing in a range of factors," Floden explained regarding the impact of inflation on the bank's rate decision. "There are not any upside risks for inflation at all." Floden further added that he had nothing against inflation rising above the 2% target. These comments seem to be… 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.
