The Duck

Norway, Robertson on the Kroner, And Other Reasons to Increase Foreign Exposure

I've been digging around for the best way (for me, that is) to play the NOK's (Norway currency) attractive position.
I just found out that Fidelity now facilitates direct trading directly on 12 country exchanges, Oslo Norway included (as of Thur.). It also allows for holding just the currency or buying and selling the natural resources companies on the Oslo exchange without incurring currency exchange fees on each trade after the initial deposit. I'm looking at the DnB NOR ETF which tracks the OBX (the 25 largest and most liquid co.'s traded), Natural resource companies such as oil,gas, fishing, shipping, alternative energy, etc. You can go with NOK's or stocks or both. The NOK portion does not pay interest. I still have more research to do; but it looks promising.
Anyone else have more info?