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Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
Bouvet Island, a dependent Norwegian territory, is the most remote island in the world rising sharply from the freezing waters of the Pacific. It was discovered in 1739 by a French naval officer and later claimed by the British to be finally waive...
Norway is a land of contrasts. The dramatic landscape ranges from fjords and glaciers to forests and mountain peaks, while the cities are full of historic buildings and cosmopolitan flair. Travelers c...
Svalbard and Jan Mayen are combined for the purposes of the International Organization for Standardization (ISO) category, they are not administratively related. This has further resulted in the country code top-level domain .sj being issued for S...
EUR/NOK Outlook: Slightly positive, but likely to move sideways as the rate is just below its recent average and lacks a strong driver for movement.
GBP/NOK Outlook: Slightly positive, but likely to move sideways as the rate is near its recent average and facing mixed signals.
USD/NOK Outlook: The outlook is slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows with limited clear drivers.
Bias: The NOK/USD outlook is range-bound as the exchange rate is near the 90-day average and in the middle of the recent 3-month range.