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NOK is still trading in lockstep with oil prices: Nordea

Wednesday, February 25, 2015 7:04 AM UTC

Quotes from Nordea Markets:

-The NOK is still trading in lockstep with oil prices, and yesterday it was among the best performing currencies on Brent oil prices edging back toward USD 60/bbl.

-The pressure should remain on the downside, and once below 8.53, the next target is 8.46 (200-day moving average).

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NOK is still trading in lockstep with oil prices: Nordea

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