Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Your opinion on the Norwegian Krone ?

  • 04-01-2012 6:02am
    #1
    saywhatyousee
    Registered Users, Registered Users 2 Posts: 1,511 ✭✭✭


    I currently have my money spread across many forex options however i am getting concerned about the prospect of more QE in the US and the UK and also the Eurozone.I have my eye on the Krone do people see it as a good investment ?


Comments

  • #2
    forexmentor
    Registered Users, Registered Users 2 Posts: 8 ✭forexmentor


    The dollar has been gaining against the SEK since May 2011 but your right there is a lot of uncertainty in the markets. The price is at 6.99 at this moment and each time it has reached this level since September 2011 it has fallen back. It's not a currency pair I trade but I'd be cautious at this price level. I'd want to see price clear the 7.00 mark before going long.


  • #3
    forexmentor
    Registered Users, Registered Users 2 Posts: 8 ✭forexmentor


    Opps I was talking about the Swedish Kronor (SEK) on the last post not the (NOK). The charts look very similar on both there seems to be a strong coloration between SEK & NOR vrs USD.

    Like the SEK the USD has been gaining against the NOK since May 2011. The price is at 6.06 at this moment and each time it has reached this level since September 2011 it has fallen back. I'd be expecting sort term the NOK might gain some ground back vrs USD.


Advertisement