Norwegian Krone gains as central bank halts foreign-currency purchases

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
The Norwegian Krone rose the most in 7 weeks versus the Euro following the country's central bank's statement saying that it would halt purchases of foreign currency for the $650 billion sovereign wealth fund.The Krone gaines as much as 0.2% versus its major counterparts. Norway's currency gained 0.5% to 7.3945 per Euro following a 0.7% advance, the most since September 7. It rose 0.5% against the greenback to 5.7056. 
Back to articles

Actual Topics

Thu, 01 Nov 2012 06:57:06 GMT

European equities edge higher on positive Chinese data

After falling on Wednesday due to disappointing reports of BG Group, ArcelorMittal and Barclays, today European shares opened higher as data indicated signs of growth in China's manufacturing sector. The purchasing managers' index advanced to 50.2 this month from 49.8 the prior month. Experts said Chinese economy is recovering after suffering from decreased exports.

Fri, 02 Nov 2012 09:39:49 GMT

Retail sales in Germany gained more than expected

Destatis reported on Wednesday that Germany's retail sales grew more than expected in September. Retail sales advanced by 1.5% on a seasonally adjusted basis last month, compared to a revised down figure of 0.1% in the preceding month. Economists, however, expected a more moderate increase of 0.3%.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.