Riksbank ready to act – M.Floden

Martin Floden, Deputy Governor of the Riksbank, has once again stressed that the Nordic central bank remains ready to act via further rate cuts.

Floden also said that the bank should stick to bonds while the current ‘quantitative easing’ programme remains effective.

EUR/SEK keeps the upside intact following today’s ‘on-hold’ stance by the Riksbnak, trading in multi-day tops near the 9.4800 handle.