EUR/NOK — News Archive

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Norges Bank Won’t Hike Interest Rates for Years, Krone Flat

Norway’s central bank signaled today that it is planning to keep interest rates at the current record low levels for at least a couple more years. The Norwegian krone weakened as a result of the announcement but has rebounded afterward and is now heading to end the session about flat.

Norwegian Krone Gains Despite Falling Manufacturing Production

The Norwegian krone gained against some of its major rivals today despite falling manufacturing production. Some analysts argued, though, that the data was not as bad it might seem at first glance.

Norwegian Krone Climbs Despite Inflation Miss

The Norwegian krone climbed today even after nation’s consumer inflation missed expectations.

Norwegian Krone Soars After Norges Bank Hikes Interest Rate

The Norwegian krone surged today after the nation’s central bank announced an interest rate hike and signaled about probability of additional hikes in the future.

Norwegian Krone Declines as Inflation Slows

The Norwegian krone declined today after nation’s inflation slowed unexpectedly last month.

Norwegian Krone Follows Crude Oil in Rally

The Norwegian krone gained today as the rally of crude oil boosted currencies of oil exporting nations.

Norwegian Krone Gains After Norges Bank Hikes Interest Rates

The Norwegian krone managed to gain on the US dollar even though the greenback was generally strong today, rebounding after yesterday’s losses. The most likely reason for that was the interest rate hike by Norway’s central bank.

Norwegian Krone Gains as Norges Bank Hints at Interest Rate Hike

The Norwegian krone rallied today after the nation’s central bank kept its monetary policy without change but hinted at a possibility of an interest rate hike in the near future.

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.

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