News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Wall Street
of clients are net long.
of clients are net short.
Long Short

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

Data provided by
More View more
Real Time News
  • USD/CAD has been chopping around the past week-and-a-half, offering virtually no cues on its next direction. Get your market update from @PaulRobinsonFX here:
  • FDA panel votes 16-3 against approving Covid-19 booster shots - BBG
  • RT @C_Barraud: 🇺🇸 Americans Haven’t Been This Down on #Housing Market Since 1982 - Bloomberg *Link:…
  • US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, USD/CAD
  • The US Dollar is pushing up to a fresh September high after the release of University of Michigan Consumer Sentiment data. Get your $USD market update from @JStanleyFX here:
  • I have this $SPX chart taking over one of my whole screens, and I just keep staring at that 50-day moving average...
  • RT @TheStalwart: Nice chart, which shows why countries in green on the perimeter, like Iran, Peru, and Turkey are known for their stability…
  • Selling pressure strengthening in Wall Street two hours before the close. S&P 500 down roughly 1% intraday, the largest decline since August 18th #trading $SPX $SPY
  • One of the strongest correlation with Bitcoin at the moment is the US 10-Year Treasury yield
  • Aside from the rising uncertainty in China over Evergrande default risks, two central bank decisions will dominate the market theme next week. Get your market update from @JMcQueenFX here:
NOK Appreciates With Optimistic Unemployment Data

NOK Appreciates With Optimistic Unemployment Data

Michael Romero,

Talking Points:

• Unemployment For November 2014 Comes In Lower Than Expected.

• NOK Strengthens After Announcement.

Norwegian unemployment came in lower than expected on Wednesday at 3.70 percent, beating analysts’ expectations of 3.80 percent, also lower than 3.80 percent in the previous period. November’s lower than predicted figure was in part the result of the number of people registered as unemployed or on government initiatives with the Labor and Welfare Administration decreasing by 1000 from August 2014 to November 2014.

According to both the Labor Force Survey and Department of Statistics for Norway, the seasonally-adjusted number of employed people increased by 17000 from August 2014 to November 2014. Over the course of 2014 thus far, there has been an increase of 31000 employed individuals from January 2014 to November 2014.

The NOK appreciated against the USD on Wednesday as better than expected unemployment crossed the wire according to the Department of Statistics of Norway. On their December 11th 2014 meeting, policymakers at the central bank of Norway decided to reduce the key policy rate by 0.25 percent to 1.25 percent in part due to falling oil prices, which has led to slow growth in the Norwegian economy. The council commented on unemployment and the possibility of a small hike in the near-term future, but as a result of the better than expected news, further interest rate cuts seem unlikely. Investors should monitor closely the measures taken in the upcoming March 19th 2015 meeting.

NOK Appreciates With Optimistic Unemployment Data

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.