• EUR/NOK will move broadly sideways towards the summer – Nordea

Noticias del mercado

31 enero 2024

EUR/NOK will move broadly sideways towards the summer – Nordea

Economists at Nordea analyze Norwegian Krone’s (NOK) outlook for the months to come.

Norges Bank is highly unlikely to start cutting rates before the Fed and ECB

Norges Bank is highly unlikely to start cutting rates before the Fed and ECB. With small shifts in interest rates toward the summer, we see EUR/NOK rangebound in the 11.20-11.50 area. 

When rates abroad are lowered during the second half of 2024, we see NOK faring better and expect EUR/NOK to reach 11.00 by the end of 2024.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: