SCANDIS: Danske – Traders’ Views

From the FXWW Chatroom: * EUR/SEK (Sek9,3190): Inflation survey out at 0700GMT this AM kept the pick up
in expectations intact, albeit slowly, with +0,1% in both 1 and 5 years. SEK
marginally stronger on that. Today Sek9,29/34.
* EUR/NOK (Nok9,3610): Brexit induced risk off and soft oil keeps NOK on the
back foot, and only the potential threat from NB next week keeps it in check.
Today Nok9,33/40.
* NOK/SEK (Sek0,9955): Same factors of course at play here. It’s a sell on
rallies for now. Sek0,9900/1,0000.
* EUR/DKK (Dkk7,4352): Unchanged, Dkk7,4345/65, sell rallies. If anything the
selling of EUR will intensify as Brexit vote looms larger. Non-Danes are not
really in on this particular, and perfect, hedge against Euroland trouble yet,
but they will come…

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