Friday, 05 June 2020


Recent News
  • EURNOK: Norwegian Krone Weakness Is Important Shock Absorber, Says Governor Olsen

    00:15 | 17/2/18
    According to the Bloomberg report, Norges Bank Governor Øystein Olsen said Norwegian krone weakness is an important shock absorber, and has contributed to a marked improvement in business. more»
  • Norwegian krone holds gains after central bank nudges up rate forecast

    23:45 | 21/9/17
    Financial Times
    The Norwegian krone held on to its gains against the euro in midday trading on Thursday, with investors eyeing a slightly more hawkish rate forecast from the country's central bank. more»
  • Norwegian krone seen as undervalued despite rebound

    00:48 | 12/10/16
    Financial Times
    Next, BofA says the NOK has been extremely “misaligned”, and despite the rebound, remains undervalued. “Rate differentials still suggest some upside potential and indeed, even positioning shows real money investors have room to add to longs”. more»
  • One US dollar may soon cost NOK 10

    03:59 | 16/3/16
    Views and News from Norway
    Even though oil prices have been creeping upwards and Norway's krone has strengthened a bit, at least one currency exchange strategist thinks the recovery is short-lived. more»
  • Norwegian Krone Extended Appreciation Trend Last Week

    11:18 | 14/10/15
    Market Realist
    The Norwegian krone appreciated against the US dollar on October 9, 2015, as a result of positive inflation data. The Norwegian krone has been trading on a positive trajectory for three consecutive trading sessions. The US dollar to Norwegian krone ... more»
  • Favour Norwegian krone over Scandi rival

    23:03 | 10/8/15
    Financial Times
    No offence intended to our Nordic cousins, but you know it's going to be quite a thin week for potential macroeconomic risk events when Norwegian and Swedish consumer prices data are considered “highlights”. That's how analysts at RBC Capital Markets ... more»
  • Norwegian krone rallies to 2-month high v euro and pares gains v dollar after ...

    04:11 | 7/2/15
    International Business Times UK
    The Norwegian krone rallied to an over two-month high against the euro and one-month high versus the yen following the December manufacturing data, while gains against the dollar were reversed after US non-farm payrolls. more»
  • UAE Oil Investment Co. Proceeds With Small IPO In Norway

    08:20 | 29/10/14
    Law360 (subscription)
    Law360, New York (October 28, 2014, 3:12 PM ET) -- The United Arab Emirates' gas and oil investment company RAK Petroleum PCL on Tuesday said it proceeded with a roughly 20 million Norwegian krone ($3 million) initial public offering to list on the ... more»
  • Norway puts $1.6B into rainforest conservation

    17:26 | 19/8/14
    Since 2008 Norway has been the single largest foreign donor to tropical forest conservation, putting more than 10 billion Norwegian Krone, or $1.6 billion, toward programs in several countries under its International Climate and Forest Initiative (NICFI). more»
  • The New Funding Currency For The Carry Trade

    00:11 | 11/6/14
    One would think that given the talk about the U.S. shale beginning to decline in less than 10 years, and the price of Oil rising to $104, that the ruble, Norwegian krone, U.K. pound sterling, Mexican peso, Brazilian real and Canadian dollar/ loonie ... more»
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