The Norwegian Krone was softer in the wake of a Norges Bank decision to keep interest rates on hold and update guidance that drew doubts on whether a December rate hike was now likely.
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Despite raising interest rates again, Sweden will still have the lowest real policy rate in the G10 space according to one analyst, which can explain why the currency can weaken further.
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The Norwegian Krone rallied against the Pound and other major currencies after Norges Bank raised interest rates by 25 basis points and committed to a further hike before the year is done.
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GBPPLN has surged in dramatic fashion to its highest level since March following what foreign exchange analysts are labelling as a mistake at Poland's central bank that will result in further heigh…
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The Kenyan Shilling looks set to extend its multi-month selloff as the country's Eurobonds plunged in value and raised concerns Kenya's foreign exchange reserves are on course to dwindle to uncomfo…
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