EUR to NOK Exchange Rate

Upcoming Events for EUR and NOK

		Événement	Prev.	Cons.
8h 19m Aucun	EUR	Lundi De Pâques Orthodoxe
8h 19m Aucun	EUR	Jour De L'Ascension
8h 19m Aucun	EUR	Lundi De Pâques Orthodoxe
8h 19m Aucun	EUR	Au Secours
8h 19m Aucun	EUR	Lundi De Pâques Orthodoxe
13h 19m Faible	EUR	Production Industrielle (Mensuel) (Mar)	1%	2%
13h 19m Faible	EUR	Production Industrielle (Annuel) (Mar)	-5.7%	-3.2%
15h 19m Haut	EUR	Le Taux De Chômage Changement (Apr)	-33.4K	-74.5K
15h 19m Faible	EUR	Ventes au détail (annuelles) (Mar)	5.3%	-4.3%
15h 19m Faible	EUR	Ventes au détail (mensuelles) (Mar)	0.9%	0.4%

NB and ECB Interest Rates

Pays	Central Bank	Current Rate	Previous Rate	Next Meeting
Norway	Norges Bank	4.5%	4.5%	45 jours
Euro Area	European Central Bank	4.5%	4.5%	31 jours

Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.

RTTNews | il y a 2

European Economics Preview: Eurozone Jobless Data Due

Unemployment figures from the euro area and Spain, and the purchasing managers' survey results for the services sector from the U.K. are the highlights on the economics front on Friday. Eurozone jobless rate is expected to remain steady at 6.5 percent in March. Eurostat is set to release the data at 05:00 am ET.

RTTNews | il y a 2

Eurozone Exits Recession In Q1

The euro area economy expanded in the first quarter after two consecutive declines as all big four economies exhibited better performance, boosting hopes of a sustained recovery this year. Gross domestic product grew by a faster-than-expected 0.3 percent sequentially following a 0.1 percent fall each in the fourth and third quarters of 2023, preliminary flash estimates from Eurostat showed.

RTTNews | il y a 5

Germany Skirts Recession In Q1

The German economy avoided a recession in the first quarter on exports and investment in construction, preliminary data from Destatis showed on Tuesday. Gross domestic product grew a more-than-expected 0.2 percent sequentially in the first quarter, in contrast to the revised 0.5 percent decrease in the preceding three months.

RTTNews | il y a 5

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 | il y a 116

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 | il y a 331