Norges Bank kept rates steady at 4.5%, as expected. The bank is delaying the easing to Q1 of 2025. As long as the NB policy diverges...
USD/NOK registers a slight uptick in Monday’s session, settling at 10.693, with buyers making measured strides. With the Fed displaying resistance against premature easing, the USD...
USD/NOK saw mild losses on Friday’s session, around 10.66. Despite mixed reactions to softening economic data, the Dollar remains steady due to a cautious stance from...
With the Norges Bank holding rates at 4.5% and suggesting a prolonged duration of stringent monetary policies, a bullish trend for the NOK is likely. The...
Despite hot inflation readings from Norway, the Fed’s hawkish stance limits the downside. Markets are gearing up for next week’s US CPI reading which may likely...
US NFP increased by 175K in April, below expectations of 243K, following March’s revised increase of 315K. Unemployment rose slightly to 3.9% while wage inflation decelerated....
Norges Bank maintained the policy rate as expected but we got a slightly hawkish surprise. Economists at ING analyze Norwegian Krone’s (NOK) outlook after the central...
Share: Thanks to the central bank’s firm stance, the Norwegian Krone (NOK) should be able to appreciate, analysts at Commerzbank say. Norges Bank remains firmly hawkish...
Share: The USD/NOK is presently trading higher at 10.53, marking a 0.32% increase during Friday’s session. The US Dollar stands firm as Fed officials show caution...
Share: Antje Praefcke, FX Analyst at Commerzbank, analyzes Norwegian Krone’s (NOK) outlook after Norges Bank kept policy rates unchanged as expected on Thursday’s policy meeting. Norges...
Share: Focus turns to Scandinavia. Economists at ING analyze SEK/NOK outlook after Norway released inflation data. In Sweden, the December Consumer Price Index (CPI) will be...
Share: Economists at Danske Bank still favour a break of 12.00 in EUR/NOK during 2024. More NOK strength on the cards for the very near-term The...
Share: The USD/NOK experienced a 2.35% downslide, trading close to the 10.520 level. Norges Bank increases benchmark interest rate by 25 bps to 4.50% US bond...
Share: The USD/NOK advances modestly, showcasing 0.20% gains, gravitating around the 10.975 level. Markets are betting on sooner rate cuts by the Fed in May after...
Share: The USD/NOK rallied and settled near the 10.935 level. US JOLTs Job Openings for October where lower than expected. The ISM Services PMI in November came...
Share: EUR/SEK remains slightly above 11.40. Economists at Société Générale analyze the pair’s outlook. NOK/SEK could be poised to build gains EUR/SEK could target a return...
Share: USD/NOK struck a high since late May on Thursday of 11.276. On Friday, the pair retreated to 11.170, seeing 0.20% losses. The Greenback trades soft...
Share: The Norges Bank was a leader in terms of policy tightening, beginning back in September 2021. Economists at CIBC Capital Bank see rates peaking at...
New Delhi: Norwegian investment company Orkla ASA announced the reorganization of its India operations. It will be operating under one entity Orkla India, that focuses on...
Share: The Norges Bank hiked by 25 bps to 4.25%. The Norwegian Krone was unable to benefit notably from Norges Bank’s decision. Economists at Commerzbank analyze...