EUR/NOK to race higher towards the 10.8583 mark – Credit Suisse

EUR/NOK has risen significantly and trades comfortably above the 10.40 area. Economists at Credit Suisse expect the pair to extend its advance towards the 38.2% retracement of the 2020/22 fall at 10.8583. EUR/NOK looks set for a further upside “EUR/NOK has recently broken above its highs from late 2021 and May 2022 at 10.4004/10.3828 and … Read more

EUR/NOK set to slide below the 10 mark – Commerzbank

In the view of economists at Commerzbank, Norges Bank might become even more restrictive. Subsequently, the EUR/NOK pair could fall below the 10 level. Real interest rates in Norway to be in negative territory more quickly than in the eurozone “With the publication of the Norwegian inflation data for May, the likelihood of Norges Bank … Read more