Will the Riksbanken be a non-event?

Review The Fed: Evans and Dudley, who are both super doves, stated yesterday that the Fed must not close down open-ended QE too early. In their view, QE should continue at least until the end of the year. The Fed is much aware of unemployment in the US, and following Friday’s major Non-Farm-Payroll disappointment, the members are queueing up to offer the market a liquidity injection (QE). This is one of the reasons why EURUSD maintains the level or even rises. Our main scenario is still that

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Will the Riksbanken be a non-event?

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