Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Pound to Weaken Against Krone on Difference in Outlook, UBS Says

The pound may fall against Norway’s krone after the Bank of England yesterday signaled that it’s moving closer to asset purchases while Norges Bank said rates should be raised gradually, UBS AG said.

Investors should sell the sterling and buy the krone, targeting a 4.7 percent move to 8.8 kroner per pound, Gareth Berry, a Singapore-based UBS analyst, wrote in a note to clients today. They should leave the wager if the pound gains to 9.4 kroner, he wrote. The pound rose 0.3 percent to 9.2322 kroner as of 7:44 a.m. in London.

“Sterling weakness has further to run against the Norwegian krone,” Berry said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.