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A round up of the latest Norwegian Krone forecast news items from the Currency News desk.

Pound Norwegian Krone Exchange Rate Dragged Down as Norwegian Inflation Surges

10 Feb 2021 at 3 PM - Written by Frank Davies

STORY LINK Pound Norwegian Krone Exchange Rate Dragged Down as Norwegian Inflation Surges

Leap in Norwegian Inflation Drags Pound Norwegian Krone Exchange Rate Lower The Pound to Norwegian Krone (GBP/NOK) exchange rate remained under pressure thanks to an unexpectedly strong uptick in January’s Norwegian inflation rate. While forecasts had pointed towards the inflation rate rising from 1.4% to 1.7% on the year investors...

CATEGORIES: Pound Norwegian Krone Forecasts

Pound to Norwegian Krone (GBP/NOK) Exchange Rate Heads Higher as Oil Prices Drop on Covid-19 Fears

22 Dec 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Norwegian Krone (GBP/NOK) Exchange Rate Heads Higher as Oil Prices Drop on Covid-19 Fears

GBP/NOK Exchange Rate Rises as Dropping Oil Prices Weaken Norwegian Krone The Pound to Norwegian Krone (GBP/NOK) exchange rate rose today, with the pairing currently trading around 11.645kr. The Norwegian Krone (NOK) fell today owning to a fall from highs in oil prices this week, resulting in limited demand for the oil-sensitive...

CATEGORIES: Pound Norwegian Krone Forecasts

GBP to NOK Exchange Rate Slumps to 2-Month-Worst as Norway Retail Stats Keep NOK Strong

27 Nov 2020 at 1 PM - Written by James Fuller

STORY LINK GBP to NOK Exchange Rate Slumps to 2-Month-Worst as Norway Retail Stats Keep NOK Strong

A combination of Brexit uncertainties and a resilient Norwegian Krone have left the British Pound to Norwegian Krone (GBP/NOK) exchange rate tumbling in recent sessions. While markets remain overall hopeful that negotiators are getting closer to reaching a Brexit deal, the pair is now trending around its worst levels in months. GBP/NOK...

CATEGORIES: Pound Norwegian Krone Forecasts

GBP to NOK Exchange Rates Holding Above Weekly Worst Thanks to Brexit Deal Hopes

17 Nov 2020 at 3 PM - Written by James Fuller

STORY LINK GBP to NOK Exchange Rates Holding Above Weekly Worst Thanks to Brexit Deal Hopes

Despite rising oil prices and market sentiment on coronavirus vaccine hopes, the British Pound to Norwegian Krone (GBP/NOK) is avoiding its worst levels today. Hopes that a UK-EU Brexit deal can still be reached are helping to buoy the Pound, while the Norwegian Krone’s appeal is limited due to concerns that the coronavirus pandemic will...

CATEGORIES: Pound Norwegian Krone Forecasts

Pound Norwegian Krone (GBP/NOK) Exchange Rate Trends Lower in Spite of Oil Price Slump

26 Oct 2020 at 2 PM - Written by Frank Davies

STORY LINK Pound Norwegian Krone (GBP/NOK) Exchange Rate Trends Lower in Spite of Oil Price Slump

Resurrgence in Covid-19 Vaccine Optimism Limits Pound Norwegian Krone Exchange Rate Strength Ongoing UK-EU trade talks were not enough to keep the Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate from softening at the start of the week. As markets saw renewed hopes of progress towards a Covid-19 vaccine this spurred investors...

CATEGORIES: Pound Norwegian Krone Forecasts

Pound to Norwegian Krone (GBP/NOK) Exchange Rate Falls as Optimism Grows for Norway’s Economy

22 Oct 2020 at 5 PM - Written by John Cameron

STORY LINK Pound to Norwegian Krone (GBP/NOK) Exchange Rate Falls as Optimism Grows for Norway’s Economy

GBP/NOK Exchange Rate Sinks as Norway Shrugs Off Disappointing Unemployment Data The Pound to Norwegian Krone (GBP/NOK) exchange rate fell by -0.2% today, with the pairing currently fluctuating around 12.101kr. The Norwegian Krone (NOK) rose today despite disappointing Norwegian unemployment rate figures, which rose from 5.2% to 5.3% in...

CATEGORIES: Norwegian Krone Forecasts Pound Norwegian Krone Forecasts

GBP to NOK Exchange Rate Strikes 4-Month-Best amid Brexit Deal Hopes

28 Sep 2020 at 4 PM - Written by Frank Davies

STORY LINK GBP to NOK Exchange Rate Strikes 4-Month-Best amid Brexit Deal Hopes

With the Norwegian Krone still under broad pressure and weakness, the British Pound to Norwegian Krone (GBP/NOK) exchange rate is continuing its impressive advances this week. While the Norwegian Krone’s weakness has played a big part in the pair’s huge gains lately, UK Brexit and coronavirus speculation is helping the Pound to capitalise...

CATEGORIES: Pound Norwegian Krone Forecasts

GBP to NOK Exchange Rate Sheds Last Week’s Gains despite Weaker Oil Prices

7 Sep 2020 at 4 PM - Written by James Fuller

STORY LINK GBP to NOK Exchange Rate Sheds Last Week’s Gains despite Weaker Oil Prices

The Pound plummeted across the board today, so while the Norwegian Krone has been a little weaker in recent sessions, the British Pound to Norwegian Krone (GBP/NOK) exchange rate has still been trending lower. A sudden shock to the Brexit process has left Pound investors anxious about the rising possibility of a worst case scenario no-deal...

CATEGORIES: Pound Norwegian Krone Forecasts

Pound to Norwegian Krone (GBP/NOK) Exchange Rate Edges Higher as Norway’s Growth Falters in Second Quarter

25 Aug 2020 at 5 PM - Written by John Cameron

STORY LINK Pound to Norwegian Krone (GBP/NOK) Exchange Rate Edges Higher as Norway’s Growth Falters in Second Quarter

GBP/NOK Exchange Rate Rises as Norway Suffers Deepest Decline in GDP Ever Recorded The Pound to Norwegian Krone (GBP/NOK) exchange rate rose today, with the pairing currently trading around 11.788kr. The Norwegian Krone (NOK) suffered today following the release of Norway’s gross domestic product figure for the second quarter, which...

CATEGORIES: Norwegian Krone Forecasts Pound Norwegian Krone Forecasts

GBP to NOK Exchange Rate Pressured Near Worst Levels as Markets Optimistic on Krone

17 Aug 2020 at 5 PM - Written by Ben Hughes

STORY LINK GBP to NOK Exchange Rate Pressured Near Worst Levels as Markets Optimistic on Krone

While the Pound was able to hold its ground against some major rivals today, the British Pound to Norwegian Krone (GBP/NOK) exchange rate continues to trend with a downside bias today. The Norwegian Krone is still trending near its best levels and the currency outlook has seen little to damage it. A lack of fresh support for the Pound,...

CATEGORIES: Pound Norwegian Krone Forecasts

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