XE Market Analysis: Swedish Krone Jumps After Riksbank Meeting

OVERVIEW Markets are generally quiet amid a lack of key data and as we edge towards the holidays. The Dollar pulled back from the 14-year high reached yesterday. UK government borrowing came in marginally above expectations at £12.6bn for last month – in line with new, less ambitious deficit reduction goals set out last month. Japan’s government upgraded its view of the economy, saying it is on a moderate recovery and a “pick-up can be seen in private consumption”. HIGHLIGHT The Riksbank extended its bond purchase program by 30 billion Swedish Krone and said it could still cut interest rates…

Source: XE news feed
XE Market Analysis: Swedish Krone Jumps After Riksbank Meeting