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Norway Consumer Confidence
Consumer confidence in Norway is assessed by the Finance Norway and TNS Gallup consumer confidence poll, which evaluates the level of optimism that consumers have regarding the economy's performance. Overall, consumer confidence rises when the unemployment rate is low and the economy is evolving at a rapid pace. Indicators of average consumer confidence can be valuable in predicting how much money customers are going to spend in a given period of time.
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 |
|
|
9.8750 -16886 pips |
11.5748 -112 pips |
11.5636 | |
| USDNOK |
|
|
10.2197 +77 pips |
10.4056 -1936 pips |
10.21201 | |
| GBPNOK |
|
|
13.7167 +90 pips |
13.7842 -765 pips |
13.70767 | |
| NOKJPY |
|
|
0 -1407 pips |
13.2700 +80 pips |
14.066 | |
| NOKSEK |
|
|
0 -9387 pips |
0.9414 -27 pips |
0.9387 |
News (NOK)
Norges Bank Unexpectedly Leaves Rate Unchanged Again
Norway's central bank left its key interest rate unchanged on Thursday despite signaling an easing in the previous policy session in January, citing a stronger than expected acceleration in inflation and the uncertain economic outlook but continued to hint at the possibility of a reduction during the course of the year.
RTTNews | 54 days ago
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 | 117 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 | 243 days ago
