When EU-crisis is in focus, SEK and NOK also come in focus. Weak PMI (below 50) in both countries indicates contraction in the economies due to its strong currencies. Long-term trend is however neutral with a long-term bullish attitude. Steen Jakobsen, Chief Economist of Saxo Bank, discusses with Euroinvestor about the trend in NOK and SEK this week.
New capital-flow to Scandinavian currencies
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