- Analytics
- News and Tools
- Market News
- NOK and SEK to struggle short-term before strengthening in the long run – Nordea
NOK and SEK to struggle short-term before strengthening in the long run – Nordea
Economists at Nordea expect more short-term pain for the Norwegian Krone and the Swedish Krona before they strengthen.
Stronger scandi currencies in the long run
“In the short-term, we have kept our forecast for EUR/NOK and EUR/SEK still looking for a weaker EUR/NOK and the EUR/SEK to remain weak as risk-sentiment is likely to deteriorate.”
“Longer out, we see a Chinese reopening and central banks pausing their rate hikes after the historic rate hiking cycle in 2022 as supportive for both the NOK and SEK.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
