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SEK/NOK: Some room for a rebound before entering a structural downtrend until late this year – ING

Focus turns to Scandinavia. Economists at ING analyze SEK/NOK outlook after Norway released inflation data.
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US Dollar to recover some ground before a clearer downtrend emerges – ING

It has been a quiet start to the week in FX. Today, economists at ING will keep an eye on a speech by Fed member John Williams ahead of Thursday’s US Consumer Price Index (CPI) DXY should keep hovering around the 102.50 level today Markets are in wait-and-see mode ahead of Thursday’s US CPI data and currently lacking a clear sense of direction.
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