Market Update – GBP / NOK Sterling has done well in January after bouncing from support just above 9.000 early in the month. The pound has been helped in part by hawkish comments from Bank of England policy maker Andrew Sentance, prompting markets to start bringing forward expectations of a possible interest rate hike in [...]
Norwegian Krone Exchange Rate Forecasts
GBP-NOK Update Category
FX173 Foreign Exchange – Norwegian Krone Update
Wednesday, January 27th, 2010TorFX – Norweigan Krone Update
Wednesday, September 16th, 2009Market Update – GBP NOK Things were starting to look better for Sterling late last week as the latest Bank of England decision reassured investors. The lack of any further quantitative easing gave traders a reason to buy the pound for once. Unfortunately that reason was removed yesterday as BoE governor Mervyn King gave another [...]
TorFX – Norweigan Krone Outlook
Friday, September 11th, 2009Market Update – GBP NOK Sterling jumped yesterday after the Bank of England left interest rates unchanged at 0.5% and made no further increases to the quantitative easing programme. The pound has been on the back foot since last month’s central bank meeting at which they raised QE from £125bn to £175bn. The minutes of [...]
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