EUR/NOK looks to oil, points upwards – Danske Bank

Analyst at Danske Bank Kristoffer Lomholt sees the cross heading north in the next periods.

Key Quotes

“In terms of EUR/NOK, the cross will remain driven by the oil price ahead of Thursday’s important oil investment survey out of Norway”.

“Overall we still think short-term risks remain skewed to the upside for
EUR/NOK”.