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May 11, 2019 12:30 PM

EURNOK : Norges Bank is most likely raise rates in June Short

Euro Fx/Norwegian KroneFXCM

Description

Scandinavia’s richest corner breaks global central banking mold - Bloomberg -
As much of the world’s central banking community goes into a defensive crouch, Norway is signalling it’s ready to deliver multiple interest rate hikes.
Governor says March forecast may imply 2-3 rate hikes in 2019
Norway’s oil wealth is allowing it to buck the global trend

Near-term Levels As described on the chart.

I will share the detailed report later.

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