Free Trial

Modest NOK Strength Plays Out Despite Few Fresh Norges Signals

NOK
  • Modest NOK strength coming into play despite no material initial reaction in NOK. Few fresh policy signals from the Norges Bank: "prospects for the Norwegian economy do not appear to have changed materially".
  • EUR/NOK through the day's lows, with weak intraday support at 11.3695 and 11.3665 giving way - putting cross at lowest levels since Jan 16th.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.