28.04.2016 - Sweden Declares Truce in Currency War
Sweden’s central bank is calling a truce in the currency war. As policy makers in Stockholm last week announced they would reduce the pace of their quantitative easing program in the second half of this year, they also signaled they are now willing to accept a stronger krona. And traders took them at their word. The trade-weighted KIX index this week broke through a level that just as recently as December triggered warnings of a currency intervention...............................................Full Article: Source
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