Norway's crown strengthened to one-week highs against the otherwise stronger greenback after the nation's central bank surprised markets by not cutting interest rates from 1.25%. But any bounce for the crown shouldn't ge…
Norway's crown strengthened to one-week highs against the otherwise stronger greenback after the nation's central bank surprised markets by not cutting interest rates from 1.25%.
But any bounce for the crown shouldn't get it too far off the ground since the bank signaled a dovish outlook for rates and kept the door open to a move in the months ahead.
The plunge in oil, which has accelerated recently, has turned up headwinds on the resource-driven Norwegian economy.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
