Quotes from Societe Generale Cross Asset Research:
-Valuation and monetary divergence argue for a medium-term long NOK/SEK trade. The Norwegian krone has suffered from a combination of a dovish Norges Bank and tumbling oil prices, but growth and inflation remain resilient.
-Sweden on the otherhand has fallen into deflation and the Riksbank will need to ease further in 2015. Long NOK/SEK is a relative value trade that will work as the monetary policies of the Scandinavian neighbours diverge further.
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