The earthquake swarm that started in Herðubreið two days ago continues. So far over 100 earthquakes have been recorded. Most of them are less then ML2.0 in magnitude. But this earthquake swarm continues at slow rate. This is not a big earthquake swarm. Based on number (in my system) of earthquakes pr hour. But in my system, a large earthquake swarm has tens to hundreds of earthquakes pr hour.
There is some earthquake activity in Katla volcano. But it is not high. There was one small earthquake this evening (it did appear on my Skeiðflöt geophone). But it has not been reviewed. So both size and depth are going to change.
The earthquake activity in Katla volcano is also showing interesting pattern during this week (Week 20). It seems that earthquake activity is focusing on one point inside the caldera. It is hard to know for sure what this means at current time. But it is my opinion that it is not a good sign. But so far, nothing major has been happening inside Katla volcano caldera at this time. Until that happens, it is just best to keep watch and keep speculations within the amount of what is going on.
Beside this activity. It has been quiet in Iceland now for several weeks now. That is not un-common to happen during some years. While other years are often more active, some years are quiet. It is not clear yet if the year 2012 is going to be quiet year in Iceland or not.