Category: NOK

Norwegian Krone News and Analysis from varies Financial media, we summarize all NOK news into a sitemap summary with link to related NOK News for the one who wanted to catch up Norwegian Krone price change in timely manner.


Trouble for EUR/CAD, EUR/NOK: Q2 Top Trading Opportunities

Central Bank Divergence, Resilient Oil Prices Spell Trouble for EUR/CAD, EUR/NOK Advertisement The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first…

Euro Forecast: EUR/CHF, EUR/NOK. EUR/SEK Rates Outlook

EUR/SEK rates may be benefiting from the seasonal tailwind of Swedish equity dividend season, while EUR/NOK rates may be undercut by stronger energy prices (even after the Suez Canal incident).. Non-Major EUR-crosses Favor…

Nokia to Cut Up to 10,000 Jobs to Offset 5G Investment

NOK -0.81% plans to cut between 5,000 and 10,000 jobs over the next two years, a move it said would make it more competitive in the 5G equipment market against rivals Huawei Technologies Co… After selling its once-dominant…

Norwegian Oil Billionaire Joins the Bets on Bitcoin 

(Bloomberg) — Oil billionaire Kjell Inge Rokke has come out strongly in favor of Bitcoin, as he bets the cryptocurrency will prove the best defense against the disruption facing the finance industry and central banking.Rokke’s Aker ASA, which controls oil and oil service companies and has more recently branched out into green tech and renewable…

Huawei Loses Cellular-Gear Market Share Outside China

Huawei Technologies Co. lost ground last year to Western rivals in cellular-equipment markets outside China, according to an industry research firm, a signal the U.S. campaign to curb the Chinese manufacturer is starting to make an impact.Huawei’s share of revenue from selling wireless-equipment around the world, excluding China, fell 2 percentage…

US Dollar Price Forecast: USD Rebound Fading as Real Yields Turn Lower

US Dollar, US Real Rates, US Treasury Yields, Federal Reserve, DXY – Talking Points:Risk assets pushed higher during APAC trade on positive coronavirus vaccine developments.Falling US real yields may douse the Greenback’s recent recovery.However, a lack of concern from the Federal Reserve around climbing yields could put fresh wind in USD’s…

Dollar on defensive as sentiment recovers amid retreat in US yields

The safe-haven US dollar remained broadly weaker on Wednesday as Treasury yields continued to retreat, restoring some calm to global markets and reigniting demand for riskier assets.Commodity-linked currencies including the Australian dollar and the Norwegian krone held on to sizeable two-day advances.The lower US yields also sapped some of the dollar’s…

Dollar on defensive as risk sentiment recovers amid retreat in U.S. yields; Aussie gains

TOKYO — The safe-haven U.S. dollar remained broadly weaker on Wednesday as Treasury yields continued to retreat, restoring some calm to global markets and reigniting demand for riskier assets.Commodity-linked currencies including the Australian dollar and the Norwegian krone held on to sizeable two-day advances.The lower U.S. yields also sapped…

Norwegian Air Is at Rock Bottom. It’s Not Time to Buy Yet.

Norwegian Air was a pioneer in cheap long-haul flights. (Photo by Erlend Aas/AFP via Getty Images) Agence France-Presse/Getty ImagesShares in the embattled and bankrupt low-cost carrier Norwegian Air Shuttle fell 2.4% on Friday, following earnings results that revealed a record loss and a massive impairment charge from the airline’s plans to…

EUR/CHF Breakout Signals Risk-On in Europe; EUR/NOK, EUR/SEK Test Key Support

Advertisement Euro Outlook:The Euro has been left to the whims of broader markets, but a look at some of the non-major EUR-crosses suggests that risk appetite continues to improve.While EUR/CHF rates have broken out higher, EUR/NOK and EUR/SEK rates remain within consolidations that have bearish inclinations.According to the IG Client Sentiment Index,…


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