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RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

Norwegian Krone vs Swedish Krona •NOKSEK•

About

NOKSEK

NOK/SEK represents the currency pairing for the Norwegian Krone and Swedish Krona. The Norwegian krone was introduced in 1875 when Norway joined the Scandinavian Monetary Union. Krone exchange rate is influenced by factors such as the oil price and turbulence in international financial markets. Due to their geographical proximity, there is a strong relation between the NOK and SEK currencies. The currency pair is not traded as much, outside of Norway and Sweden. The performance of the NOKSEK is heavily influenced by the correlation between the economies of Norway and Sweden. Spreads and volatility of trading this pair against the more popular currencies can be an advantage for those looking to diversify their portfolio.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.

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