Mikael Milhoj, Senior Analyst at Danske Bank, noted investors started to price in a rate hike by the Nordic central bank in September. Key Quotes “In the Scandies, we have been talking continually about challenging external factors, not least of all for NOK“. “Meanwhile, we are now entering the final key phase ahead of the June Norges Bank meeting, which will decide whether Norges Bank will stick to its “hike in September” message”. “The key releases are the registered labour market report (due today), inflation (11 June) and the regional network survey (12 June). Importantly, markets are already pricing in a September hike with a high probability, leaving the balance of risk asymmetrically skewed towards a weaker NOK in our view”. 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 Australia: 3.5% boost to the minimum wages – Westpac FX Street 5 years Mikael Milhoj, Senior Analyst at Danske Bank, noted investors started to price in a rate hike by the Nordic central bank in September. Key Quotes "In the Scandies, we have been talking continually about challenging external factors, not least of all for NOK". "Meanwhile, we are now entering the final key phase ahead of the June Norges Bank meeting, which will decide whether Norges Bank will stick to its "hike in September" message". "The key releases are the registered labour market report (due today), inflation (11 June) and the regional network survey (12 June). Importantly, markets are already pricing in… 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.
