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The US Dollar edged higher yet again, now on track for an 11th consecutive day of gains, even as investors focus on the upcoming release of inflation data to better gauge the Federal Reserve’s likely next move.
In Sweden, the Riksbank held monetary policy by leaving interest rates unchanged at the current -0.35%, in line with analysts’ expectations.
Last week’s ECB meeting featured a debate on rate reduction but the Governing Council later decided otherwise. The summary of that meeting as explained by Mario Draghi was that the medium-term economic forecast was stable.