Crude Oil Prices, NOK, Brace for Norges Bank, FOMC Rate Decisions
The Norwegian Krone and crude oil prices will be in for turbulent week ahead of an avalanche of central bank rate decisions against the backdrop of political volatility in the middle east.
US Dollar May Rise vs NOK if Norges Bank Trims Hawkish Outlook
The US Dollar may rise vs the Norwegian Krone if the Norges Bank scales back its hawkish outlook against the backdrop of slower regional and global growth.
EURUSD Re-Enters 18-Month Resistance Range as US Dollar Rallies
EURUSD may break below the lower lip of the 18-month descending resistance channel if fundamental risks worsen and push the US Dollar higher.
USDNOK Plunges, Breaks 15-Month Support on Hawkish Norges Bank
USDNOK fell over one percent after the Norges Bank chose to raise its benchmark interest rate and provided a hawkish outlook for monetary policy.
GBP Braces Ahead of Unemployment Data - NOK May Fall on Local CPI
Sterling will be casting a worried eye ahead of UK unemployment data after a dismal cascade of reports and NOK may fall on CPI amid falling crude oil prices.
Gold Prices Subdued at Resistance, Eying Fed Along With Crude Oil
Gold prices inch towards inevitable upside or downside breakout, eyeing a speech from Fed Chair Jerome Powell and increasingly tense US-China trade talks, along with crude oil prices.
SEK, NOK Forecast: European GDP, US Data May Pressure Nordics
The Swedish Krona and Norwegian Krone may find themselves under pressure as key growth data out of the US and EU cross the wires.
Krona, Krone Outlook: Volatility Ahead of FOMC, EU Data
The Swedish Krona and Norwegian Krone will be in a for a potentially tumultuous week as the US and EU prepare to publish several key economic indicators along with the FOMC rate decision.
US Dollar Fell on Mixed GDP, Crude Oil Prices at Uptrend Support
The US Dollar fell on mixed GDP data, crude oil prices dropped to uptrend support as Trump pressured OPEC to lower prices. Japanese markets are offline, offering less liquid conditions.