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14 Feb 2014
Flash: Remain long EUR/SEK near term - Danske Bank
FXStreet (Barcelona) - Kasper Kirkegaard, Chief Analyst at Danske Bank notes that yesterday the Norwegian central bank governor Olsen gave his annual address.
Key Quotes
The address did not contain any views on current monetary policy and there has been no impact on the FX market. Yesterday we also had the new Riksbank monetary policy report and the policy announcement. For a change the policy committee agreed on the rate announcement.”
“Hence, the usual dovish voters also supported that rates were kept unchanged but that might change given that we look for low inflation numbers next week and weak GDP numbers the week after. Hence, we continue to see upside for EUR/SEK in the short term.”
Key Quotes
The address did not contain any views on current monetary policy and there has been no impact on the FX market. Yesterday we also had the new Riksbank monetary policy report and the policy announcement. For a change the policy committee agreed on the rate announcement.”
“Hence, the usual dovish voters also supported that rates were kept unchanged but that might change given that we look for low inflation numbers next week and weak GDP numbers the week after. Hence, we continue to see upside for EUR/SEK in the short term.”