SCANDIS WITH EN EDGE
Scandis with an Edge
Tor Vollalokken
Combining projected net cash flows with observed market interest
Distinctive FX positioning for NOK and SEK
The approach
Exchange rates move when buying and selling pressure meets available market liquidity. Macro, monetary policy, interest-rate differentials and energy prices matter. In my work, however, they are the starting point - not the differentiator.
My proprietary Flow Analytics bring trade, cross-border securities, the Norwegian oil economy, FX hedging and investor positioning into daily net cash-flow projections looking six months ahead. I apply the same framework to SEK, excluding the Norwegian oil-economy component.
Observed market interest adds the second dimension. Swap and forward data are modelled to quantify FX hedging, while observed market activity provides insight into broader positioning. Together, they help identify where meaningful buying or selling interest may emerge - and where it may create support or resistance.
From flows to strategy
The difference is not another currency forecast. It is strategy - translating projected net cash flows and observed market interest into levels, timing and risk-defined positioning.
Latest public perspective
Public commentary offers a view into the thinking. Clients receive the full analysis, strategies and implementation guidance.
About Tor
45+ years in international financial markets
My career includes senior roles at DNB as Head of FX and subsequently General Manager of its London branch, followed by more than three decades as an independent analyst and adviser focused particularly on Scandinavian currencies.
I have advised sovereigns, hedge funds, fund managers, family offices and energy companies worldwide on Norway, Sweden and their currencies.
Today, my work combines proprietary Flow Analytics and observed market interest to develop distinctive NOK and SEK positioning.
I am also a Senior Adviser to Exante Data, contributing market context to its proprietary data analytics.
A different perspective on NOK and SEK
For a confidential discussion about the analysis and levels that currently matter:
Tor Vollaløkken | Monsolis AS | Oslo & Barcelona