Fra Nordea- læs hele analysen her
DKK has weakened versus EUR. We expect this to continue, which should prompt the Danish central bank into action, initially by intervening and if that is not enough by hiking its policy rate. This scenario has not been priced in by the market.
Over the past year the DKK has steadily weakened versus the EUR. As a result, EUR/DKK has increased above 7.460 and in our view, the DKK is now very close to being so weak that the Danish central bank will start selling foreign currency to curb any further weakening.