Pound Norwegian Krone forecast page 4 - GBP NOK

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...

'Risk-off' Trading Environment Provoked Global Stocks Volatility Today Today’s session in the global FX markets has brought major movement for the leading global currencies. Global share markets have plunged, with London’s benchmark FTSE 100 index shedding over 1.50% of its value on the session so far, while many of the...

Positive US Labour Market Data Supports December Fed Rate Hike Bets Friday’s session saw significant developments in the global FX markets, with data from the US causing investors to price-in an increasing likelihood that American interest rates will be heading higher next week. However, Friday also saw another development in...

The Norwegian Krone has traded in a distinct up-trend against the US Dollar since the end of November, 2010, strengthening from near to 6.2400 against the Greenback at this time, to currently stand at under 5.6300. Recent global events have benefitted the Krone, with oil prices spiralling to a 30-month high on the wholesale market this...

The Norwegian Krone has suffered a poor seven days on the currency markets as it continues to give up some of the gains it has made over the last two months. At the end of last November, the Krone was trading at above 6.2000 against the US Dollar on the wholesale markets. It briefly broke down through 5.7000 last week on the same market, but...