Free Trial

NOK in the green against all majors

FOREX
  • NOK continues to extend gains across the board, deep in the green versus all major Currencies, after the Norges Bank hike, and CB's Governor, noting earlier, that a 50bps hike is possible if Inflation rise more than expected, and kept the door opened for possible hikes at intermediate meetings.
  • NOK in G10s lead against the Yen (up 1.28%), NZD (1.17%) and EUR (1%)
  • USDNOK is down 0.85%.

Chart source: MNI/Bloomberg

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.