USD/NOK - US Dollar Norwegian Krone

Market Brief The Aussie took another dive overnight amid the Australian GDP unexpectedly slowed to 0.3% q/q (vs. 0.7% exp. & 0.5% last). The GDP y/y has been revised down to...

• ByIpek Ozkardeskaya
• •Dec 03, 2014

The week could not have gotten off to much more of a negative start with a series of disappointing economic data. The negativity started with China’s manufacturing activity...

• ByForexTime
• •Dec 02, 2014

The US dollar is mostly softer as North American participants prepare to return from what for many was a long weekend. The greenback had initially moved higher, hitting JPY119.15...

• ByMarc Chandler
• •Dec 01, 2014

This week the scorecard recommends buying JPY, NOK and NZD, while selling SEK, EUR and CHF. Last week's signals resulted in a 0.4% loss. Especially the short AUD position was...

• ByDanske Markets
• •Dec 01, 2014

The US dollar has been consolidating for the past couple of weeks, and that phase appears to be coming to an end. This coming week's economic data and events will likely underscore...

• ByMarc Chandler
• •Nov 29, 2014

With global central banks collectively shifting their focus to inflation, or the lack thereof, traders were awaiting today’s US CPI release with bated breath. Expectations...

• ByMatthew Weller
• •Nov 20, 2014

A fairly quiet day in the financial markets but a huge day for oil. With little news to move the market, U.S. 10-Year yields were down 3 bps, stocks closed virtually unchanged for...

• ByIronFX Strategy Team
• •Nov 14, 2014

The big story in global markets Thursday was yet another leg lower in oil prices. As my colleague Fawad Razaqzada discussed earlier, WTI oil was testing key support in the...

• ByMatthew Weller
• •Nov 13, 2014

Over the past month, we have been wrong on the NOK as oil prices and Norwegian macro data have softened more than we had anticipated. Hence, we are reviewing our NOK outlook and...

• ByDanske Markets
• •Nov 11, 2014