Are Currency Forward Traders Misreading Denmark Again?: Chart

Updated on
  • Danske advising funds there's money to be made on mispricing
  • Nordea says it can't rule out Danish rate hike on Thursday

Last year, speculators were convinced the Danish krone should trade stronger than dictated by its peg. Now, the forward market suggests traders think the opposite. According to Danske, they’re wrong again and savvy investors stand to profit from their missteps.

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