The cross is expected to remain sidelined for the time being, according to Morten Helt, Senior Analyst at Danske Bank. Key Quotes “The weekly flow data from Norges Bank showed that foreign banks (proxy for speculative flows) last week were side-lined in NOK FX”. “Our expectation is that they will remain so until the very end of this month/beginning of August, which at that time will contribute to a lower EUR/NOK“. “In the meantime, we expect the cross to continue range trading”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK retail sales dropped 0.5% m/m in June, a big miss on expectations FX Street 5 years The cross is expected to remain sidelined for the time being, according to Morten Helt, Senior Analyst at Danske Bank. Key Quotes "The weekly flow data from Norges Bank showed that foreign banks (proxy for speculative flows) last week were side-lined in NOK FX". "Our expectation is that they will remain so until the very end of this month/beginning of August, which at that time will contribute to a lower EUR/NOK". "In the meantime, we expect the cross to continue range trading". Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
