Decision just out

  • says they still highly prepared to act
  • developments in Swedish economy have been somewhat stronger than expected, while global uncertainty remains
  • sees repo rate averaging -0.41% in Q4,2016 as prev forecast
  • today's decision was unanimous
  • highly prepared to make policy more expansionary even between mon pol meetings

SEK traders beware that last comment

SEK staging a strong rally on the news. EURSEK down to 9.27 vs 9.34 prior adding to euro weight right now. EURUSD down further to 1.1024