
Time has flown, and we are now walking into the last week of our summer internship! Most of us have new projects, and this week, we are working on a project for Research and Risk Solutions.
Challenging but super exciting!
At the Research and Risk Solution desk, we are taking a deep dive into retail customers’ exposure to foreign exchange by analyzing and modelling macroeconomic numbers and exchange rates. We are researching variables, such as KPI, disposable income, interest rates and population growth, as well as looking at correlation coefficients and performing regression analysis. All with the goal of trying to create firm-specific FX strategy recommendations.
We are both super excited about this project, particularly as we are able to work closely with two of the great minds at the Nordea Markets trading floor, Kjetil Olsen, Head of Macroeconomics, and Ole-Håkon Eek Nilsen from Research and Risk Solutions.
Working with Risk Solutions has really put our technical knowledge to the test as we are combining statistical analysis with somewhat obscure financial products. It’s been a challenge! We’ve had to dig deep into half-forgotten knowledge from some of our university courses but it has also been very rewarding getting to apply concepts we’ve previously only looked at through the theoretical lens.