Riksbank remains ready to act – C.Skingsley

At her speech today, Deputy Governor of the Riksbank Cecilia Skingsley has reiterated the readiness of the Nordic central bank to intervene in the FX markets if necessary.

She also suggested that SEK appreciation should not be too quick.

SEK is trading around 9.3350 vs. the euro as of writing, just below last week’s multi-week tops after bottoming out in the 9.10 area in April, levels last recorded in late June 2015.