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Rate slips, falling to session lows of.....>

EURO-NOK
EURO-NOK: Rate slips, falling to session lows of 9.6792 in initial response to
the rate hike, with the Norges Bank moving further to price in higher rates by
the end of the year. Projections now:
-Q3: 1.27% vs. Prev. 1.20%
-Q4: 1.45% vs. Prev. 1.34%
-Q1 2020: 1.55% vs. Prev. 1.46%
-Terminal rate: 1.67% vs. Prev. 1.73%
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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