They note that the strong performance of the OBX index and very strong seasonality on the month-end trade date itself as being two key factors in seeing the dollar bid against the Norwegian krone. Besides that, Deutsche also says that its 10-year seasonality factor points to dollar demand against the antipodes i.e. AUD and NZD as well on the month-end trade date itself.
This article was written by Justin Low at www.forexlive.com. Read More Details
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