Danish Central Bank

Discussion in 'General Forex Discussion' started by Rambo35, Jan 20, 2015.

  1. Rambo35

    Rambo35 Confirmed PaxForex Representative

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    The Danish currency is think traded and many may have never even looked at it. The Danish central bank has cut their deposit rate to -0.20% from -0.05% and has stated that it has all the tools necessary to defend its currency peg.

    Given the SNB mess, do you trust that the Danish central bank will indeed maintain its peg?
     
  2. Enivid

    Enivid Administrator Staff Member

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    It will maintain it for some time and then will remove it as unexpectedly as SNB did with its franc floor.
     

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