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11 Sep 2018

EUR/NOK poised to resume the downside – Danske Bank

Senior Economist at Danske Bank Vladimir Miklashevsky noted the Norwegian Krone is expected to gather traction in the next months.

Key Quotes

“With the outlook of another strong Regional Network Survey in Norway today, the scene for both a Norges Bank rate hike and a higher rate path at next week’s monetary policy meeting seems set”.

“In our view, the upcoming hike marks an important trigger for the next move lower in EUR/NOK as the fundamental case is now supported by NOK headwinds becoming tailwinds shortly. We therefore recommend selling the EUR/NOK spot outright”.

Sep 11, 2018

CBR preview: Where is the tolerance level? – Nordea Markets

According to Tatiana Evdokimova, Research Analyst at Nordea Markets, this Friday’s CBR decision will probably be the most intriguing in the last two y
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Sep 11, 2018

USD/JPY sticks to daily strong gains, near mid-111.00s

   •  A large US acquisition by Japanese chipmaker prompted some JPY selling.    •  Fading safe-haven demand further weighed on JPY’s safe-haven dema
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