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USD/NOK

The US Dollar / Krone is the most popular pair to trade the Norwegian currency. The price of the Krone is influenced by changes in interest rates and oil prices. The pair saw a lot of volatility between 2002 and 2008 because of the changes in oil prices and the global financial crisis. Norway's economy largely benefits from trade, and a lot of that trade is done with the UK and the Euro-zone. Therefore, the Krone is significantly affected by changes in those economies.

USD/NOK Rate

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Weekly US Dollar and Norwegian Krone Trading Forecast

Symbol Forecast Outlook

USD/NOK Pivot Points

US Dollar and Norwegian Krone News

Norges Bank to Retain Rate on Balanced Economic Evolutions
Offsetting mid-term economic outlooks will likely leave Norges Bank maintaining the current policy rate. Under the current state USDNOK remains in a bullish trend.
US Dollar Rallies Against RUB, NOK, & CAD as Oil Prices Drop
On Saudi Arabia’s Announcement to Lower their Sale Price of Oil, USD Rallies Against the Currencies of Several Leading Oil Exporting Countries.
US Dollar Rallies Against RUB, NOK, & CAD as Oil Prices Drop
On Saudi Arabia’s Announcement to Lower their Sale Price of Oil, USD Rallies Against the Currencies of Several Leading Oil Exporting Countries.
A "Shake-and-Break" Scenario in USD/NOK
Following a reversal and retest of critical support near 5.85, bullish technical formations suggest renewed upside potential in USDNOK and viable long set-ups at current price leve...
A USD/NOK Case Study in Risk Management
A cloudy current outlook for USDNOK allows for a well-timed assessment of recent price movement showing the critical importance of several key risk management dynamics.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Wed
Oct 22
12:30
USD Consumer Price Index (YoY) (SEP) 1.7% 1.6% 1.7%
12:30
USD Consumer Price Index Ex Food & Energy (YoY) (SEP) 1.7% 1.7% 1.7%