The central bank is ready to use the entire monetary policy toolbox, including the interest rate, Stefan Ingves, Governor of Sweden's central bank, Riksbank, said on Wednesday.
“Signs of recovery, but will take time.”
“Buying corporate bonds from September because important to have a presence in that market. “
“Will spread purchases in the corporate bond market widely.”
The EUR/SEK pair shrugged-off these comments, as it continues to trade choppy within a range below 10.50. At the press time, the cross trades flat at 10.47.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.