Sell EUR/NOK when (if) oil stops falling…

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Quotable

“Suiting the correct tactics and strategies to each situation may be considered the mystery of life.”

--Victor Niederhoffer, The Education of a Speculator

Commentary & Analysis

Sell EUR/NOK when (if) oil stops falling…

Bottom line: The current yield spread favors Norway; expected yield spread favors Norway; and growth expectations favor Norway. It strongly suggest once oil prices stop going down (we don’t know when that will be; but we do know they will stop going down at some point) one of the best intermediate-term trade setups should be short EUR/NOK... READ MORE...

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