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Daily outlook for EUR/DKK: Nordea

Monday, February 23, 2015 6:52 AM UTC

Quotes from Nordea Markets:

-EUR/DKK spiked towards the central parity on Friday after Nationalbanken commented that it is ready to use capital controls, if needed, to defend the peg.

-It is questionable, as the comment came from the head of the Economic Council, which advises the Danish government, rather than from the central bank itself.

-That said, Nationalbanken will keep doing what it has to do to defend the DKK peg for now.

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Daily outlook for EUR/DKK: Nordea

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