Bank of America Forecasts Swedish Krona to Outperform Norwegian Krone

According to a recent report from Bank of America, the Swedish Krona (SEK) could experience stronger gains against the Norwegian Krone (NOK) in the near future. The bank’s analysts cite several factors driving this prediction, including Sweden’s resilient economy compared to Norway’s oil-dependent model. Read on to understand why the SEK is expected to outperform the NOK and what implications this has for traders and investors.