Tag: NOK


Scandi Outlook Mixed for 2H

The economic outlook for Scandinavian economies looks mixed in the second part of 2016, with upcoming monetary policy decisions and a potential rebound in oil prices among the factors that may boost economic performance, market commentators tell Profit & Loss. Sweden has so far been the best performer in the region, having seen steady economic […]

Scandis Under Pressure from Brexit, but Risk Appetite Coming Back

Risk aversion generated by the Brexit vote has seen Scandinavian currencies more than others coming under pressure along with sterling. In particular, the Norwegian krone and Swedish krona have been hit by the downward trend. However, market analysts contacted by P&L suggest the move might not last. “The NOK acted similarly as other ‘risky’ currencies […]