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A round up of the latest Norwegian Krone forecast news items from the Currency News desk.

GBP NOK Exchange Rate Jumps as Oil Prices Plummet

9 Mar 2017 at 11 AM - Written by Frank Davies

The British Pound to Norwegian Krone exchange rate looked to end the week well above its opening levels despite broad weakness in the Pound as the Krone remained weak on disappointing oil news. Despite continued oil production cuts from OPEC and other collaborating oil producers, oil stocks remain high and the commodity’s prices are...

CATEGORIES: Currency Predictions Pound Norwegian Krone Forecasts

GBP to NOK Exchange Rate Falls Despite Oil Market Concerns

16 Feb 2017 at 11 AM - Written by Ben Hughes

The British Pound to Norwegian Krone exchange rate edged higher on Friday afternoon as prices of oil, Norway’s most lucrative commodity, slipped due to persistently high oil stocks in the US. Despite its Friday gains, the GBP/NOK exchange rate remains well below the week’s opening levels. However, the pair could continue to advance...

CATEGORIES: Norwegian Krone Forecasts

GBP NOK Exchange Rate Climbs ahead of Major Article 50 Vote in House of Commons

8 Feb 2017 at 2 PM - Written by Toni Johnson

The British Pound to Norwegian Krone exchange rate continued to trend near its best weekly levels on Thursday as low demand for oil made it difficult for the Krone to capitalise on a weakened Pound. Demand for Sterling slipped on Thursday afternoon after it was confirmed that Bank of England (BoE) hawk Kristin Forbes would be leaving the...

CATEGORIES: Norwegian Krone Forecasts

British Pound to Norwegian Krone Exchange Rate Falls from Highs after Tuesday Surge

18 Jan 2017 at 12 PM - Written by John Cameron

The British Pound to Norwegian Krone exchange rate edged higher on Thursday afternoon, as Sterling sentiment remained solid thanks to higher hopes for post-Brexit Britain to make new strong trade deals. This was despite news that prices of oil, Norway’s most lucrative commodity, had increased on Thursday due to falling US oil stockpiles...

CATEGORIES: Currency Predictions Norwegian Krone Forecasts

Oil Glut Worries Sends Pound Norwegian Krone Exchange Rate Higher

12 Jan 2017 at 4 PM - Written by James Fuller

The Pound to Norwegian Krone exchange rate hit new weekly lows on Friday afternoon despite oil prices dropped from their best levels on concerns that OPEC’s planned oil output cuts would not be enough to stimulate long-term price increases. This left GBP/NOK close to 10.3399 – its lowest level since before the US election in November...

CATEGORIES: Daily Currency Updates Pound Norwegian Krone Forecasts

GBP CAD and GBP NOK Exchange Rate Forecasts Improve on Oil Inventory Data

15 Sep 2016 at 8 AM - Written by Ben Hughes

Further Gains for Pound Sterling to Canadian Dollar, Norwegian Krone Exchange Rates Today The Pound to Canadian Dollar (GBP CAD) and Pound to Norwegian Krone (GBP NOK) exchange rates gained on Wednesday as oil prices came under further pressure. Global oil prices took a hit during yesterday’s afternoon session following the...

CATEGORIES: Currency Predictions Norwegian Krone Forecasts Pound Canad Forecasts

Pound Sterling (GBP) Outlook Bleak on Retail Sales Result

20 Jul 2016 at 7 AM - Written by John Cameron

Sterling has crashed lately, due to retail sales in June for the UK falling on all accounts. The Pound has made major gains across the board lately, on account of the latest unemployment rate results showing a dip from 5% to 4.9% in May. IMF Report Weighed Heavily on GBP Exchange Rates The International Monetary Fund (IMF) published...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Norwegian Krone| Forecasts

Lack of OPEC Deal Sent Pound Sterling vs NOK and CAD Exchange Rate Forecast Higher Yesterday

3 Jun 2016 at 6 AM - Written by John Cameron

The Pound has lost many of its earlier gains against commodity currencies today, owing to the latest US data sending the USD down and most commodity peers up. Lack of OPEC Deal Weighs on Crude Oil Prices, CAD and NOK Struggle The price of a barrel of crude oil has jumped by some 90% since February, when it traded down to as low as $27....

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Norwegian Krone| Forecasts

All to Play for with Euro (EUR) Exchange Rate Tomorrow on ECB Decisions

31 May 2016 at 8 AM - Written by John Cameron

The single currency is set to be shifted in a major way in the near-term, due to a raft of high-impact European Central Bank (ECB) policy decisions being made tomorrow afternoon. The Euro has been able to make a notable gain against the Pound today, owing to the latter currency being heavily devalued by 'Brexit' polls. Higher Crude Oil...

CATEGORIES: Canadian Dollar Forecasts Euro Forecasts Norwegian Krone Forecasts Pound Euro Forecasts

Shares Tank, Safe Haven CHF & JPY Gain on EgyptAir MS804 Terrorism Fears

19 May 2016 at 3 PM - Written by Ben Hughes

Share Prices Dive amid Terrorism Fears, Increased Fed Rate Hike Bets Global share markets have taken a pasting during today’s trading session. By the time equities traders got to their desks across the euroland earlier today, news was already breaking that EgyptAir flight MS804 from Paris to Cairo had disappeared off the radar. The...

CATEGORIES: Canadian Dollar Forecasts Japanese Yen Forecasts Norwegian Krone Forecasts Sw Forecasts