EUR/NOK: Too early to position for sustained move lower – Danske Bank EURNOK Energy Norway Banks
In the near-term NOK will be very sensitive to news on the global investment environment and the combination of weaker global sequential growth and tighter global liquidity conditions is rarely a good cocktail for NOK.
We highlight the risk that our bullish NOK view could take longer to play out than in our forecast profile.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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