QE could end by year-end – Riksbank’s M.Floden

Martin Floden, Deputy Governor of the Riksbank, hinted at the possibility that the Nordic central bank could end its ‘quantitative easing’ programme by end of the current year.

Floden also said there is not an obvious answer to whether further rate cuts or extra purchases of bonds would have a meaningful meaning.

SEK is appreciating to 4-week highs vs. the single currency, breaking below the 9.7600 level and advacing for the third consecutive week so far.