The Krone tumbled on Tuesday but remained a leading contender for outperformance in 2021, according to analysts at Nordea Markets, Goldman Sachsand HSBC among others, who cite the likelihood of Norges Bank interest rate rises this summer for upgraded or otherwise simply bullish forecasts. 

The Pound-to-Euro rate returned to June lows last week but is tipped by multiple analysts remain under pressure in what ocould be a volatile week for both Sterling and the single currency. 

The Euro remains locked within a tight range against the Dollar as markets wait to see whether the single currency bloc will recover from a recent economic slowdown, but analysts at Deutsche Bank and Nordea Markets are forecasting a recovery for the EUR/USD rate before year-end. 

Foreign exchange strategists at Nordea Markets recommend clients sell Pound Sterling as market have become too optimistic in expecting a resolution to the current Brexit saga as Prime Minister Theresa May is on a hiding to nothing in her quest to secure further signigicant concessions on the Brexit deal from Brussels.

Sell the Dollar in early 2019 say strategists at Scandanavian banking giant Nordea who have shared their four top trades for quarter 1 of 2019.

The EUR/USD exchange rate is likely to "have a downside tilt" for the next month or so, according to analysts at Nordea Bank; but from the middle of November, it is tipped to recover. 

Another prominent foreign exchange professional has questioned the validity of Pound Sterling's strong run higher against both the Euro and US Dollar, giving three reasons for staying sceptical on the UK currency's recent run higher.

Interest rates are set to rise on Thursday when the Bank of England (BOE) policy committee meets to vote on the issue, but what about policy looking ahead, and what are the implications for Sterling?

The Pound-to-Euro exchange rate could rise in the short-term but should ultimately succumb to downside pressures as the tail-winds provided by the Bank of England fade.

“A complete meltdown of UK key figures is already priced into EUR/GBP.”

 Scandinavian lender Nordea bank has revised up its EUR/USD forecast for 2018 in light of new analysis comparing the relative monetary policies of the US Federal Reserve (Fed) and the European Central Bank (ECB)

Do markets think Bank of England policy-setters are bluffing with their threat that they might have to raise interest rates in 2017?

The current downtrend in Sterling is overhyped says Nordea Analyst Aurelija Augulyte, who forecasts a rise to 1.32 GBP/USD by year end, instead of further declines.

A long bullish candle formed on GBP/EUR yesterday, and this may be the first sign of a broader recovery, already forecast by major bank analysts at Lloyds and Nordea 

Aurelija Augulyte, Senior FX Strategist Nordea Markets has analysed pound sterling and believes we should expect the current round of strengthening against the US dollar and euro to extend.