Norway Retail Sales MoM
The Retail Sales report in Norway includes an aggregated assessment of retail goods and services sales over a specified period of time. Retail sales are highly seasonal and variable in Norway, it is a significant contributor to the country's overall economy.
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 |
|
|
10.6322 -10393 pips |
11.6469 +246 pips |
11.6715 | |
| USDNOK |
|
|
10.1503 +1998 pips |
10.2580 -3075 pips |
9.95053 | |
| GBPNOK |
|
|
13.4046 -155 pips |
13.4420 -219 pips |
13.42007 | |
| NOKJPY |
|
|
0 -1469 pips |
13.2700 +142 pips |
14.694 | |
| NOKSEK |
|
|
0.9435 +54 pips |
0.9545 -164 pips |
0.9381 |
News (NOK)
Norway Cuts Interest Rate By 25 Bps
Norway's central bank reduced its interest rate for the second time this year and signaled further reduction in the course of the coming year but not as quickly as envisaged before summer. The Monetary Policy and Financial Stability Committee of Norges Bank cut the policy rate by 25 basis points to 4.0 percent.
RTTNews | 14 days ago
Norway Central Bank Unexpectedly Trims Rate By 25 Bps
Norges Bank cut its interest rate unexpectedly for the first time in five years as inflation eased somewhat faster than expected and signalled further reduction in policy rate if the economy evolves as estimated. The Monetary Policy and Financial Stability Committee of Norges Bank unanimously decided to cut the policy rate to 4.25 percent from 4.50 percent.
RTTNews | 105 days ago
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 | 189 days ago
