Norwegian Krone forecast page 5 - nok norwegian krona norwegian krone krone nor krone

The Pound has lessened its movement against a number of peers today, due to excessive profit-taking by investors. Hawkish Federal Reserve Minutes Provoke US Dollar Appreciation The minutes of last month’s US Federal Reserve policy meeting were published last night and the relative value of the US Dollar (currency : USD) showed a...

Sterling has managed to stay strong against both the 'Loonie' and the NOK today, having been impacted by an apparently conclusive International Monetary Fund (IMF) report that has blasted a 'Brexit' vote. The Pound has jumped against almost all of its rivals of late, thanks to the Bank of England (BoE) not offering a particularly gloomy...

The US Dollar has been poor against its peers recently, on account of the finalised University of Michigan confidence score for April falling from 89.7 to 89 points. Weak US GDP Weighs on US Dollar Exchange Rates The US Dollar (currency : USD) suffered significant downside in the markets yesterday afternoon following the publication of...

GBP has jumped against the NOK and the CAD today, despite earlier domestic data being extremely poor. Canadian Dollar (CAD) Strengthened on Oil Price Rebound Oil bounced and the Canadian Dollar (currency : CAD) surged during late trading yesterday following the publication of the latest weekly US Crude Oil Inventories data. Last...

The Pound has been able to appreciate heavily against peers such as the CAD today, thanks in part to the recent slump in global oil prices. On the reserve front, however, the recent discovery of the Gatwick Oil, potentially worth billions to the UK, has sent Sterling's value soaring. Oil Prices Slump after Saudi Arabia and Iran fail to...

Commodity Currencies Rally, AUD, NZD, ZAR, NOK Trending Higher The price of a barrel of Brent Crude Oil struck its highest level this year during the latter part of yesterday’s European equities session. The shift back into ‘Black Gold’ by institutional investors was driven by increased expectations that several of the world’s...

Crude Oil Price Fluctuations causing Significant Currency Volatility This Week Volatile movement in the global currency markets during recent weeks has made it hard for investors to get a clear view of exactly what’s going on. Read our leading analyst cut to the chase below, as he takes a look at the leading indicators which FX insiders...

Tanking oil Prices Causing NOK and CAD to Decline Calm has broken out in the global financial markets today following yesterday’s turmoil. The lurch lower for wholesale oil prices sent equities markets into a tail spin on the day and the closely-monitored VIX ‘Fear Index’ spiked to its highest level since last August as a result,...

Norwegian Krone and Canadian Dollar Under Pressure from Low Oil Prices Friday’s session brought a renewed slump in global oil prices which saw the price of a barrel of Brent Crude drop to just above the $29 level at one point. The fall-out saw investors move en masse out of the oil-driven Norwegian Krone (currency : NOK) and the...

Global Stock Markets Continued to Struggle Today Global stock markets have once again suffered pronounced downside today, with London’s benchmark FTSE 100 index shedding over 2.0% of its value on the day. America’s exchanges opened up sharply lower when US trading recommenced during the middle part of this afternoon and the losses...