NOK got undervalued due to the OIL price decline
Norges Bank interest rate: 1.5% vs ECB 0% -> carry favors NOK
Inflation is also higher in Norway
I went short on technical + fundamental factors coinciding.
Norges Bank interest rate: 1.5% vs ECB 0% -> carry favors NOK
Inflation is also higher in Norway
I went short on technical + fundamental factors coinciding.