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Forex Directory Norwegian Kroner Market Sentiment Poll
Usd/Nok - are you Long, Short or Out? [0 votes total]

Long (0) 0%
Short (0) 0%
Out (0) 0%


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Posted By: MikeM

Posted On: Nov 16, 2005
Views: 1933
Norweign Kroner

At 66550 to the USD the Kroner is way oversold, even in a market where the USD is slamming all before it. Norway is likely to increase interest rates anyday, and i reckon oil will be back above $60 within a few days....say by 29 Nov.
Then watch the Kroner strengthen.... possibly to 65000 or better.


 
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