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Riksbank’s Ingves: Riksbank could lower repo rate further

The Swedish central bank, Riksbank, Governor Stefan Ingves said the following in an interview with HD:

Bank offices should be forced to handle banknotes.

The transition to the cash-free goes a little too fast. It hurts the public not to use banknotes and coins.

Riksbank is preparing a whole new e-krona.

Riksbank could lower repo rate further.

EUR/USD: Gains capped below 1.2350, focus shifts to US inflation

The EUR/USD pair stalled its consolidative range seen ahead of the 1.23 handle at the European open and broke to the upside. However, the uptick faded
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USD/CHF could attempt a test of 0.9674 – Commerzbank

Following the recent price action, the pair could attempt a visit to the 0.9674 level, suggested Axel Rudolph, Senior Analyst at Commerzbank. Key Quo
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