Sell the Green against NOK
What are we trading here?
Norway is outperforming in the G10, unemployment falling while inflation exceeding expectations. As a result, interest rates are moving in favour of NOK. The hawkish surprise earlier in the week from Norges Bank suggested that more hikes are necessary has been supportive of the currency.
A key risk is Oil prices holding firm around current levels (starting to look less likely) and Norwegian data softening (not expected)
Best of luck all and thanks for the support with likes, comments and etc.
Norway is outperforming in the G10, unemployment falling while inflation exceeding expectations. As a result, interest rates are moving in favour of NOK. The hawkish surprise earlier in the week from Norges Bank suggested that more hikes are necessary has been supportive of the currency.
A key risk is Oil prices holding firm around current levels (starting to look less likely) and Norwegian data softening (not expected)
Best of luck all and thanks for the support with likes, comments and etc.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.