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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

Click here for live USD/NOK rates.

Weekly US Dollar and Norwegian Krone Trading Forecast

Symbol Forecast Outlook

USD/NOK Pivot Points

US Dollar and Norwegian Krone News

USD/NOK - Looking Like A Technical Knock-out (TKO)
USDNOK top looks to be in place.
Norges Bank Increases Sale of FX to NOK 700 M/day in February
Imbalances between the SDFI and the Fund have left Norges Bank increasing their sale of FX by NOK 200M per day in February. USDNOK moves to support.
NOK Appreciates With Optimistic Unemployment Data
NOK Surges After Unemployment Announcement
USDNOK Looking Lower
USDNOK looking lower after failed rally attempts
Norway’s January Inflation Keeps with December’s Projection
In lowering the key rate last month, Norges Bank is on track to achieve their mid-term inflation target. However, a strong US dollar

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Mon
Mar 2
13:30
USD Personal Consumption Expenditure Core (YoY) (JAN) 1.2% 1.3%
15:00
USD ISM Manufacturing (FEB) 53.2 53.5
Wed
Mar 4
15:00
USD ISM Non-Manufacturing Composite (FEB) 56.5 56.7
19:00
USD U.S. Federal Reserve Releases Beige Book
Fri
Mar 6
13:30
USD Change in Non-farm Payrolls (FEB) 240K 257K
13:30
USD Unemployment Rate (FEB) 5.6% 5.7%