Price action around the Norwegian Krone should hinge on the broad risk appetite trends, noted Arne Rasmussen, Head of FI Research at Danske Bank. Key Quotes “EUR/NOK remains in the hands of (fragile) risk sentiment awaiting retail sales and job data towards the end of the week; even if downside looms as Norges Bank initiates a hiking cycle, the trade dispute adds to short-term NOK headwinds”. “NOK/SEK has been steady so far but we expect further trade tensions to weigh more on SEK than on NOK ahead due to Sweden’s exposure to the global manufacturing cycle”. 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 OPEC+ monitoring committee set to meet in Baku in January – RIA FX Street 4 years Price action around the Norwegian Krone should hinge on the broad risk appetite trends, noted Arne Rasmussen, Head of FI Research at Danske Bank. Key Quotes "EUR/NOK remains in the hands of (fragile) risk sentiment awaiting retail sales and job data towards the end of the week; even if downside looms as Norges Bank initiates a hiking cycle, the trade dispute adds to short-term NOK headwinds". "NOK/SEK has been steady so far but we expect further trade tensions to weigh more on SEK than on NOK ahead due to Sweden's exposure to the global manufacturing cycle". Top 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.
