Re: Why is now the time to take a position in the Norwegian crown?
With the focus of the currency market focused on the weakness of the US dollar and the strength of the euro, many investors are overlooking other currencies, such as the Norwegian crown.The Norwegian crown, introduced when Norway joined the ephemeral Scandinavian monetary union in 1875, currently quotes in maximum of several decades against the US dollar (although, what currency does not do it today?
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Re: Why is now the time to take a position in the Norwegian crown?
Quote:
Originally Posted by
oxmayvl24
With the focus of the currency market focused on the weakness of the US dollar and the strength of the euro, many investors are overlooking other currencies, such as the Norwegian crown.The Norwegian crown, introduced when Norway joined the ephemeral Scandinavian monetary union in 1875, currently quotes in maximum of several decades against the US dollar (although, what currency does not do it today?
Not every broker has this currency.