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Norges Bank surprises and hikes 50bps

Concerns of a rising inflation with a tight labor market were the reasons for the greater magnitude in the hike.

USD/NOK getting knocked around

There are many variables in play this week which already have USD/NOK up 1.5% this week.

How to trade Oil using Foreign Exchange

USD/CAD and USD/NOK both have a high negative correlation with oil

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USDNOK at 13.5-year high, but more upside still possible

Heading into today’s Norges Bank meeting, most analysts weren’t really sure what to expect. According to a pre-meeting survey, about one-third of economists were anticipating […]

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