EUR to NOK Exchange Rate

Upcoming Events for EUR and NOK

		Notikums	Prev.	Cons.
2h 51m Nav	NOK	Constitution Day
8h 21m Med	EUR	Unemployment Rate (Q1)	7.5%	7.4%
9h 51m Zems	EUR	Inflation Rate MoM (Apr)	0.5%	0.1%
9h 51m Zems	EUR	Harmonised Inflation Rate MoM (Apr)	0.7%	0.2%
9h 51m Zems	EUR	Inflation Rate YoY (Apr)	4.1%	3.5%
9h 51m Zems	EUR	Harmonised Inflation Rate YoY (Apr)	4.1%	3.4%
9h 51m Zems	EUR	Harmonised Inflation Rate MoM (Apr)	0.1%	0.3%
9h 51m Zems	EUR	Harmonised Inflation Rate YoY (Apr)	2.7%	2.4%
10h 11m Augsts	EUR	ECB Guindos Speech
11h 51m Zems	EUR	Harmonised Inflation Rate YoY (Apr)	1.6%	2.1%

NB and ECB Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
Norway	Norges Bank	4.5%	4.5%	34 days
Euro Area	European Central Bank	4.5%	4.5%	20 days

The European Commission projected the euro area economy to stage a gradual growth amid geopolitical risks and expects inflation to be on the track to hit the target. In the latest Spring economic forecast, released Wednesday, the commission said the single currency bloc will grow 0.8 percent this year, same as the Winter interim forecast.

RTTNews | 1 day ago

German ZEW Investor Confidence Improves More Than Expected

Investor sentiment in Germany grew for a tenth month and at a faster than expected pace in May to its highest level in over two years, on hopes of an interest rate cut by the European Central Bank in June and an increase in export demand from China, results of a survey revealed Tuesday. The ZEW Indicator of Economic Sentiment for Germany climbed to 47.1 from 42.9 in April.

RTTNews | 2 days ago

German Industrial Production Declines In March

Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.

RTTNews | 8 days ago

German Exports Rebound; Industrial Orders Data Disappoint

Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing a 1.6 percent fall in February, which was revised from a 0.2 percent gain reported initially, Destatis said Tuesday. Shipments were forecast to

RTTNews | 9 days ago

Analysis for EURNOK

Saudi Oil Price Adjustment Adds to Growth Fears

As I reflect on the recent events in the foreign exchange market, it becomes apparent that stability prevailed overnight, following the release of the latest nonfarm payrolls report on Friday. Despite the report triggering a brief uptick in volatility, the overall impact on the market seemed limited.

ACY Securities | 127 days ago

Is it time to buy EURUSD?

Late cycle dollar strength meets the carry trade. I see two key themes driving FX markets in the near term. The first is central banks continuing to battle inflation, yield curves staying inverted, and the dollar continuing to hold gains. The second is cross-market volatility continuing to sink - generating greater interest in the carry trade. Expect these trends to hold into Fed, ECB and BoJ meet

ACY Securities | 342 days ago