Norwegian Krone Norwegian Kronor Norwegian Krone

The Norwegian Krone recorded a gain against all its G10 rivals in the third quarter, and one market analyst looks for that outperformance to continue.

The Norwegian Krone is the top-performing major currency on the day its central bank says it won't cut interest rates until 2025.

The Norwegian Krone can continue to extend its relief rally, says one of Europe's biggest banks.

A mixture of British Pound outperformance and a marked decline in the Krone has set up GBP/NOK for its strongest-ever weekly close.

The Norwegian Krone rose sharply after the Norges Bank maintained interest rates and signalled it was not any closer to cutting interest rates.

NOK has rallied following a central bank decision to hold interest rates, but a leading currency analyst warns gains may prove fleeting.

The Norwegian Krone raced ahead of its G10 peers after Norges Bank signalled it was no closer to cutting interest rates.

The Norwegian Krone surged against the Pound, Euro, Dollar and other G10 peers after Norges Bank unexpectedly raised interest rates by 25bps to 4.5%.

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.

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.

Norges Bank surprised markets with a 'hawkish' policy decision Thursday, prompting a rally in the value of the Norwegian Krone.

The Norwegian Krone rallied broadly in the final session of the week as new highs for local inflation prompted the market to reconsider the outlook for Norges Bank interest rates and drove GBP/NOK further away from post-pandemic highs in what could be the beginning of a deeper setback for Sterling. 

The Norwegian Krone outperformed its major peers on Thursday after the Norges Bank raised interest rates and committed to further rate hikes.

Norway's Krone fell in the minutes following a Norges Bank decision to hike interest rates 50 basis points, an increment markets judge to be too meek in the current high-inflation environment.

"The fact that the Norges Bank is charged with promoting financial stability, as well as the more standard task of keeping inflation in check, means that he will face battles on multiple fronts".

The Norwegian Krone underperformed along with many other European currencies on Thursday but the outlook for it is underpinned and its scope for declines relatively limited by an increasingly ‘hawkish’ Norges Bank, which has said it’s now likely to raise interest rates in September.

The Norwegian Krone lifted from two week lows against the Dollar and Pound on Thursday after the Norges Bank reiterated its intention to begin lifting interest rates later this year, although it continued to make that commitment contingent upon “clear signs that economic conditions are normalising.”

The Norwegian Krone was again an underperformer among major currencies ahead of Thursday’s monetary policy decision from the Norges Bank, which could be more of an upside risk to the oil-linked currency than is commonly appreciated.

The Norwegian Krone meandered along the middle of major currency road Tuesday but could accelerate through the 2021 rankings this summer as Europe frees itself from a coronavirus vaccination mire, a global economic upswing lifts oil prices and the Norges Bank raises interest rates before any of its peers.

The Norwegian Krone was a middle of the road performer among major currencies on Thursday, enabling GBP/NOK to arrest an earlier decline as the Nordic currency took in its stride suggestions from the Norges Bank that it could begin lifting interest rates before the year is out.