EUR: Diverging Scandies driven by risk flows – Danske Bank

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Danske Research Team notes that the Norwegian Krone (NOK) strengthened on risk-on sentiment, pushing EUR/NOK back to just above 11.00, while EUR/SEK initially resisted positive risk before slipping below 10.80 later.

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/ The Norwegian Krone (NOK) gained strength due to positive market sentiment.
/ EUR/NOK exchange rate fell back to just above 11.00.
/ EUR/SEK initially resisted market optimism but later dropped below 10.80.

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EUR: Diverging Scandies driven by risk flows – Danske Bank

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