FX_Professor

EURNOK- Norway Increases Interest Rates

Short
OANDA:EURNOK   Euro / Norwegian Krone
Norway's central bank raised its benchmark interest rate on Thursday as widely expected, and said more hikes were likely next year although that would depend on the impact of a surge in coronavirus infections and the emergence of the Omicron variant.

Norges Bank's monetary policy committee raised the sight deposit rate to 0.50% from 0.25%, its second hike in three months, as predicted by 20 out of 22 economists polled by Reuters and in line with the central bank's own plan.

In other words: Fundamentals are strong here and our chart agrees.

Our Love to all our Norwegian friends,

the FXPROFESSOR

🌐 Telegram https://t.me/fxprofessor88 💎😺
✴️ Signals: https://t.me/FXPROFESSOR_bot
💙 Exclusive PROMO:Win 50 USDT within 5 minutes + 153$ Bonuses for the First 100 people to join KCGI with our link: https://partner.bitget.com/bg/baAzYb 💙
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.