Today (26-February-2014) at 08:06 and 08:12 UTC two earthquakes with the magnitude of 3,4 took place in TFZ. This earthquakes where felt in Ólafsfirði. This earthquake activity started on Monday and is continuing.
Historical and newest earthquake activity in this area of TFZ.Image is from here (Icelandic). Copyright of this image belongs to Icelandic Meteorological Office.
The earthquake activity in TFZ is ongoing. I am expecting more earthquakes in this area as is. When they might take place is impossible to know as of now. It is possible to monitor for earthquake activity in TFZ here (and here, Icelandic Meteorologist Office website). Any earthquake larger then magnitude 2,0 is going to appear on here. The larger the earthquake, more clearly it is going to appear on my webicorders.