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: 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: 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: USD/NOK saw green on Friday, rising 0.50% above 10.788. Investors expect the NB to deliver a 25 basis point hike to 4.25% next week. The Fed decision...
Share: USD/NOK fell below the 20-day SMA towards the 10.6150 area. Norwegian CPI from August came in soft. Investors await US inflation figures on Wednesday. At...