The Norwegian currency ended this week losing versus the euro and the dollar, after the crude oil rally that fueled the krone’s advance during most of this week’s session lost strength, since risk aversion returned to trading markets this Friday 7 Vote(s) Read More Norways Krone Falls on Chinas Reserve Requirements
The krone rose today as Norway’s chief export, the crude oil, reverted a negative trend that forced commodity linked currencies down during most of last week’s trading session as concerns regarding Europe’s rising budget deficit eased slightly to 5 Vote(s) Read More Crude Oil Advance Favors Norways Krone
The Norwegian krone slid today versus the world’s main traded currencies, as the nation’s benchmark interest rates were maintained on hold by the nation’s central bank, and are unlikely to be raised as soon as speculators hoped.(…)Read the rest of Norway’s Krone Falls on Central Bank Warning (61 words) Posted on Forex News. Read More Norways Krone Falls on Central Bank Warning
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