Norges Bank could be near to end of the rate cycle. But in the view of economists at Commerzbank, there is a high potential for surprises in EUR/NOK at the lower end.
End of the rate cycle in Norway in sight?
“It seems as if the end of the rate cycle in Norway is slowly approaching, as long as there are no surprises on the inflation and economic front. However, as the market is already expecting that and is pricing in rate cuts for the end of the year, this prospect is not putting pressure on NOK.
“If the economic data was to improve with price data coming in above expectations the market is likely to reduce its rate cut expectations again, which is likely to support NOK.”
“There is a higher potential for surprises in EUR/NOK at the lower end.”
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發