EUR/NOK — News Archive


NZD/USD Drops, Other NZD-Crosses Stable

The New Zealand dollar fell against its US counterpart today but held steady versus other majors. Comments for the central bank’s chief and domestic macroeconomic data were detrimental to the currency.

NZ Dollar Gets Help from Surprisingly Good Economic Data

The New Zealand dollar rallied today, getting help from surprisingly positive domestic macroeconomic reports. Basically all economic data was good and even better than expected.

Norwegian Krone Rises, Ignoring Interest Rate Cut

The Norges Bank was yet another central bank to hold policy meeting today. The bank made a decision to cut its key interest rate. Surprisingly enough, the Norwegian krone gained against its major peers despite the news.

Norwegian Krone Slumps After Central Bank Cuts Key Rate

The Norwegian krone slumped today after the nation’s central bank unexpectedly cut the key policy rate and signaled that another rate decrease is probable.

Norwegian Krone Remains Weak After Interest Rate Cut

The Norwegian krone remained weak today after Friday’s decision of Norway’s central bank to reduce its key policy rate. The bank predicted that borrowing costs will remain unchanged for the next two years.

Norwegian Krone Gains as Norges Bank Remains Passive

The Norwegian krone gained today following yesterday’s decision of Norway’s central bank to keep its benchmark interest rate unchanged. Such decision was widely expected by market analysts.

Norges Bank Sees No Interest Rate Increase Until 2014

The Norwegian krone weakened today after the central bank left interest rates stable and signaled that no change to the monetary policy is expected until the next year.

Olsen Speaks About Interest Rate Cut, Krone Down

The Norwegian krone fell today as the head of the central bank indicated that he may ease monetary policy as a measure to bring inflation, which was slowing due to the currency’s strength, closer to the bank’s target.

Norwegian Policy Makers Think Krone Too Strong

The Norwegian krone fell a little against the US dollar today and may retreat even further on speculations that policy makers will try to push the exchange rate down. The currency remained firm against the euro.

Krone Rises as Norges Bank Does Not Plan to Buy Foreign Currency

The Norwegian krone climbed today as Norway’s central bank indicated that it is not going to buy foreign currency for the government fund. On the negative side, unemployment growth stalled in August.