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Reuters - 3 days ago

Norway's interest rate path may ease, but NOK a key factor

BUZZ-COMMENT-Norway's interest rate path may ease, but NOK a key factor Sept 16 (Reuters) - Norway's central bank meets this week and there could be scope to lower the interest rate path and possibly hint at a December cut, but despite a slight improvement the weak NOK will continue to underpin a hawkish Norges Bank stance. Falling interest rates at the European central bank and Bank of England and an expected rate cut from the U.S.

Reuters - 1 week ago

US dollar mixed after inflation report supports smaller Fed rate cut

FOREX-US dollar mixed after inflation report supports smaller Fed rate cut US core inflation rises 0.3% in August US dollar hits three-week high versus Swiss franc Dollar falls to lowest level since late December Fed funds futures lower odds of 50-basis-point cut this month Updates as of 3:27 p.m. ET/1927 GMT By Gertrude Chavez-Dreyfuss and Chibuike Oguh NEW YORK, Sept 11 (Reuters) - The U.S.

Reuters - 1 week ago

NOK bears could re-group ahead of the Norges Bank meet

BUZZ-COMMENT-NOK bears could re-group ahead of the Norges Bank meet Sept 11 (Reuters) - The Norwegian crown hit a new short-term trend low point versus the euro on Tuesday, but the subsequent recovery from 11.9940 to 11.9440 into the close could be the precursor to a deeper pullback in EUR/NOK. Widening interest rate differentials, in the NOK's favour, have done little to improve the currency's position, and a 3.25% depreciation since Aug.

Reuters - 1 month ago

Norge Bank has high threshold for currency intervention, governor says

Norge Bank has high threshold for currency intervention, governor says ARENDAL, Norway, Aug 15 (Reuters) - Norway's central bank has a high threshold for currency interventions and the effects of any such actions are often short-lived, Norges Bank Governor Ida Wolden Bache told a press conference on Thursday. Reporting by Gwladys Fouche, editing by

Reuters - 1 month ago

Norwegian oil investments to hit record high as inflation drives up costs

UPDATE 2-Norwegian oil investments to hit record high as inflation drives up costs Statistics office compiles oil, gas investment survey Norway oil investments to hit record NOK 257 bln in 2024 Adds graphic, comments from stats office in paragraphs 5, 9 and background in paragraphs 2 and 10-12 OSLO, Aug 15 (Reuters) - Norwegian oil and gas investments are expected to hit a record this year and stay at elevated levels in 2025, driven by ongoing field developments and rising inflation, a national

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