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Hardy: Rumours spark JPY jump and Sweden dips toe into QE waters

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Saxo Bank's Head of FX Strategy give us his reaction to the two biggest stories in FX markets so far today: unconfirmed reports that the Bank of Japan will not approve extra stimulus which sparked a short-lived jump in the Yen and a few minutes later Sweden's Riksbank announced it was breaking the ice, at least, of a QE programme with a "symbolic" SEK 10 billion goverment bond purchase.