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Daily outlook for NOK: Nordea

Quotes from Nordea Markets: -The NOK is still steady, in line with Brent oil prices hovering between USD 60 and USD 62 per barrel this week. -The effective NOK is now much closer to Norges Bank's own projection (less tha…

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Quotes from Nordea Markets:

-The NOK is still steady, in line with Brent oil prices hovering between USD 60 and USD 62 per barrel this week.

-The effective NOK is now much closer to Norges Bank's own projection (less than 1% weaker), but chances are that the strengthening will continue beyond that.

-EUR/NOK is on track towards 8.46, the 200-day moving average.

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