RobertSoos

USDNOK - still some room for shorts

Short
FX:USDNOK   U.S. Dollar/Norwegian Krone
Some fundamentals:

+ Norwegian inflation is at 3.3% (little or no room for monetary easing)
+Price of Brent recovering
+ Massive current account surplus

-Huge drop in GDP growth to 0,1%
- Deteriorating consumer sentiment

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