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NOK/JPY Chart

NOK/JPY
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Note: Low and High figures are for the trading day.

The Norwegian Krone has been free floating since its fixed exchange rate was removed in 1992 due to the Norwegian Central Bank's inability to control excess speculation. The pair is prone to extreme volatility during risk on / risk off environments. The Bank of Japan's massive easing program has driven significant weakness in the Japanese Yen recently, but any sudden global headwinds in combination with further instability in the Euro-Zone could see a flight to safe haven currencies, thus driving the pair lower.

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DailyFX Apr 20, 2024
I'm sure you've all heard about trend trading. Sharpen your knowledge here: https://t.co/KoxcDJFYWt https://t.co/bkhHTqxz1W
2024-04-20 06:21:05
DailyFXTeam Apr 19, 2024
Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.21% 🇨🇦CAD: 0.13% 🇪🇺EUR: 0.12% 🇦🇺AUD: -0.07% 🇳🇿NZD: -0.25% 🇬🇧GBP: -0.52% View the performance of all markets via https://t.co/Mgr02PP6TS https://t.co/5xSDLbMwz3
2024-04-19 20:59:00
DailyFXTeam Apr 19, 2024
Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 1.43% Gold: 0.42% Oil - US Crude: 0.02% View the performance of all markets via https://t.co/WHTs8622rG https://t.co/GUfF9nfxrj
2024-04-19 20:40:01
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Economic Calendar

00:30:00
L
Jibun Bank Composite PMI Flash (Apr)
A:
F:
P: R: 51.7
00:30:00
L
Jibun Bank Services PMI Flash (Apr)
A:
F:
P: R: 54.1
00:30:00
L
Jibun Bank Manufacturing PMI Flash (Apr)
A:
F:
P: R: 48.2
03:35:00
L
2-Year JGB Auction ()
A:
F:
P: R: 0.187%
23:50:00
M
Foreign Bond Investment (Apr/20)
A:
F:
P: R: ¥-1005.9B
23:50:00
L
Stock Investment by Foreigners (Apr/20)
A:
F:
P: R: ¥1740B
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