Norway Core Inflation Rate YoY
Norway's central bank uses core inflation, and it's adjusted for taxes and energy costs, to determine interest rate policy. Over the long run, it intends to keep inflation at or below 2%.
A higher than expected figure should be seen as positive (bullish) for the NOK while a lower than expected figure should be seen as negative (bearish) for the NOK.
Forex Sentiment (NOK)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURNOK |
|
|
11.2809 -3787 pips |
11.6460 +136 pips |
11.6596 | |
| USDNOK |
|
|
11.0305 -1147 pips |
11.0987 +465 pips |
11.14519 | |
| GBPNOK |
|
|
14.0384 -391 pips |
14.0670 +105 pips |
14.07750 | |
| NOKJPY |
|
|
0 -1336 pips |
13.5804 -22 pips |
13.364 | |
| NOKSEK |
|
|
0 -9550 pips |
1.0167 -617 pips |
0.9550 |
News (NOK)
Norway Central Bank Holds Rate; Set To Loosen Policy In March
Norway's central bank left its key interest rate unchanged as widely expected on Thursday and reaffirmed that the rate will likely be reduced in March as rapid rise in business costs could stoke inflation ahead. The Monetary Policy and Financial Stability Committee of Norges Bank decided to hold the policy rate unchanged at 4.5 percent.
RTTNews | 30 days ago
Norway Central Bank Keeps Rate Unchanged As Expected
Norges Bank left its benchmark rate unchanged on Thursday and suggested that the policy rate will be kept at the current level until the end of this year although the time to ease is approaching. The Monetary Policy and Financial Stability Committee, headed by Governor Ida Bache, decided to hold the policy rate at 4.50 percent.
RTTNews | 156 days ago
Nokia Posts Q4 Loss, Warns On Q1; Plans EUR 600 Mln Buy Back; Stock Up
Finnish network company Nokia Corp. reported Thursday a loss in its fourth quarter, compared to prior year's profit, amid weak net sales. Looking ahead, the company expects challenging environment to continue, particularly in the first quarter. Further, the Board proposed dividend authorization of 0.13 euro per share and initiated two year 600 million euros buyback program.
RTTNews | 394 days ago
