FX Forecast Update - Danske Analyse - Danske Bank

Danske Markets FX forecasts vs NOKForecast Forecast vs forward outright, %Spot +1m +3m +6m +12m +1m +3m +6m +12mExchange rates vs NOKEUR 7.54 7.50 7.45 7.40 7.35 -0.6 -1.6 -2.6 -4.1USD 5.84 5.77 5.73 5.83 5.79 -1.4 -2.3 -1.0 -2.3JPY 5.71 5.64 5.56 5.52 5.25 -1.3GBP 8.91 8.82 8.66 8.41 8.65 -1.0 -3.0 -6.1 -4.0CHF 6.03 6.00 5.91 5.97 5.93 -0.6 -2.4 -1.9 -3.4SEK 0.88 0.87 0.89 0.89 0.90 -0.5 1.1 1.4 1.6DKK 1.01 1.01 1.00 0.99 0.99 -0.7 -1.7 -2.8 -4.3CAD 5.73 5.66 5.62 5.60 5.51 -1.3 -2.0 -2.4 -4.2AUD 5.77 5.77 5.73 5.71 5.50 0.1 -0.3 -0.4 -3.6NZD 4.79 4.67 4.58 4.54 4.34 -2.3 -4.0 -4.5 -8.2PLN 1.81 1.77 1.76 1.73 -2.1 -2.6 -4.2CZK 0.29 0.29 0.28 0.28 -2.4 -3.8 -4.6HUF 0.26 0.25 0.25 0.25 -0.9 -1.2 -1.6RUB 0.19 0.18 0.18 0.18 1.3 -2.6 1.8Source: Danske Marketswww.danskebank.com/CI31