Norway's crown surged on Thursday after the central bank raised interest ra...
LONDON - Norway’s crown surged on Thursday after the central bank raised interest rates and signaled more tightening would come as the domestic economy strengthened.
The crown rose more than 1 percent to 9.5910 against the euro, its strongest since November and headed for its biggest one-day rise since December 2017. Elsewhere, the Swiss National Bank lowered its inflation forecast as it stuck to its ultra-easy monetary policy. The franc was unchanged. The euro rose to as high as $1.1448 overnight, its strongest since early February. It was down 0.1 percent at $1.1403 at 0935 GMT.Against a basket of currencies, the dollar index fell to its weakest since early February overnight before recovering to 96.044, up 0.3 percent on the day.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Norway and Switzerland: two approaches to life outside the EUIf the Swiss keep using referendums to block EU laws, they could be forced out of the Schengen zone
Weiterlesen »
NZ manifesto resembles Norway mass murderer's textThe manifesto that the presumed New Zealand shooter published is shorter and 'more sloppy' than the one written by a Norwegian right-wing extremist who killed 77 people in 2011, but expresses similar sentiments, a Swedish terror expert says.
Weiterlesen »
UK reaches post-Brexit trade agreement with Iceland and NorwayBritain on Monday reached an a deal with Iceland and Norway to allow trade to co...
Weiterlesen »
This Underwater Restaurant in Norway Hopes to be a Subaquatic NomaYou enter by gangplank, and the concrete walls are three feet-thick. But for Norway’s Ubostad brothers, the challenge of constructing an underwater restaurant was part of the allure: “People around here think of what’s possible rather than what’s impossible.”
Weiterlesen »
Going 'Under': Europe's first underwater restaurant opens in NorwayEurope's first underwater restaurant opens in Norway on Wednesday with more...
Weiterlesen »
Norway raises rates as expected, sees further hike this yearNorway's central bank raised its main interest rate on Thursday as expected.
Weiterlesen »
Carry on - central bank signals leave 'carry' traders chasing moreCollapsing asset price volatility has turned 'carry trading' into one ...
Weiterlesen »
Carry on: central bank signals leave 'carry' traders chasing moreCollapsing asset price volatility has turned 'carry trading' into one ...
Weiterlesen »
Europe's central bank just flashed a warning for any potential Deutsche Bank-Commerzbank merger'I do not particularly like the idea of national champions, of European champions,' the eurozone's top financial supervisor told the Financial Times.
Weiterlesen »
The Latest: Federal Reserve signals no rate hike in 2019BREAKING: The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be 'patient' about any further increases.
Weiterlesen »