Welcome, Guest
Username: Password: Remember me
Forgot your password? Forgot your username? Create an account
Forum
Main Forums
News and Current Affairs
Denmark's central bank

TOPIC: Denmark's central bank

Denmark's central bank 06 Feb 2015 08:54 #1

  • zax
  • zax's Avatar
  • Offline
  • Gold Member
  • Posts: 5812
  • Likes received: 1560
Is Denmark facing a speculative attack?
Denmark's central bank is reaching for bigger bazookas to battle the speculators betting it will be forced to abandon its currency's peg to the euro.

"They've thrown the proverbial policy toolkit at defending the euro-Danish peg," Kamal Sharma, a foreign currency strategist at Bank of America Merrill Lynch, told CNBC Thursday. "They will continue to intervene with the possibility of further rate cuts, even the tail risk of the recalibration of the trading range."

Read More › In search of the next Swiss franc score 


Bets that the krone will rise are building. Some of the flows have headed for Denmark's stock market, with Danish-focused mutual funds and exchange-traded fund (ETFs) seeing $230 million in inflows over the past six weeks, according to data from Jefferies.

Slings and arrows

Barclays analysts called it "the slings and arrows of market speculation."
www.cnbc.com/id/102403135
Only registered members can reply. Create an Account to join the discussion.

Related topics

Topic subjectRelevanceDate of latest post
The Central Bank thread12.23Thursday, 27 July 2017
Chase Bank Shuts Down Proud Boys Leader’s Personal Bank Account8.29Sunday, 10 February 2019
Denmark bans religious slaughter7.03Saturday, 08 March 2014
Circumcision divide between Denmark and Israel7.03Friday, 21 February 2014
Negative Interest Rates - In Denmark You Are Now Paid To Take Out A Mortgage6.88Thursday, 05 February 2015
World’s longest underwater tunnel to be built between Denmark and Germany6.81Thursday, 29 October 2020
How Britain Forced The Invasion of Norway & Denmark By Germany Then Blamed Hitler, Again6.73Friday, 05 January 2018
Central Bankers Are Pushing Ukraine Into War Again6.54Monday, 10 November 2014
7.0 magnitude earthquake hits central Peru6.47Monday, 25 August 2014
Central banks lose $400bn in gold rout6.4Wednesday, 11 December 2013
Moderators: novum, rodin, Flare
Forum
Main Forums
News and Current Affairs
Denmark's central bank
Powered by Kunena Forum

Annual Server Target

Whether its 50 cents or five dollars, your donations are appreciated and help keep this community site running so we can all continue to enjoy using it.
This target is to meet our server cost for one year, June 2020 - May 2021, in USD.
$ 340 - Target
( £ 250 GBP )
donation thermometer
donation thermometer
$ 192 - Raised
( £ 140 GBP )
donation thermometer
56%
Most Recent Donation $122 USD
4th January 2021
Bitcoin Address: bc1q0kazqya0nurfxtunxv807vm0m8852nnrrk8mj8
 
Ethereum Address: 0xe69915c80dd75df19f438d556267e04f932f057d
 
More Info: Donation options for TZ
 

No one is obliged to donate, please only donate what you can afford. Even the smallest amount helps. Being an active member is a positive contribution. Thank You.

Top Topics Replies
The David Icke Forum 7052
What are you listening to right now? 6733
Adolf Hitler 4922
What if everything you were taught about World War... 4794
The Holocaust 3590
The Vent and the Furious 3461
Coronavirus 3172
Great fun and bloodshed at new Dave icke forum! 2158
We won’t save refugees by destroying our own count... 2150
David Icke - The Peoples Voice 1987
Fighting Racism - Implementing Multiculturalism 1666
Hollow World Theory, Inner World Cosmos, Skycentri... 1658
Why are some people Gay? 1593
Sanctum Zone 1452
See all statistics »