NOK/JPY
NOK/JPY
| Low | |
| High |
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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Apr 18, 2024
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🇯🇵 Inflation Rate Ex-Food and Energy YoY (Mar)
Actual: 2.9%
Previous: 3.2%
https://t.co/WenLhVz7iz
Apr 18, 2024
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🇯🇵 Core Inflation Rate YoY (Mar)
Actual: 2.6%
Expected: 2.7%
Previous: 2.8%
https://t.co/WenLhVz7iz
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🇯🇵 Inflation Rate YoY (Mar)
Actual: 2.7%
Expected: 2.7%
Previous: 2.8%
https://t.co/WenLhVz7iz
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